đź”’ Diamonds in the rough: The FT chats to De Beers CEO Al Cook
Al Cook, CEO of De Beers, faces a daunting challenge amid a surge in lab-grown diamonds threatening the traditional allure of natural gems.
Al Cook, CEO of De Beers, faces a daunting challenge amid a surge in lab-grown diamonds threatening the traditional allure of natural gems.
A Sunday Times report has uncovered two towns in remote areas of the Northern Cape that have never experienced loadshedding.
Mark Cutifani has announced his retirement, ending his reign as the man in charge of Anglo American after a decade at the helm.
Magnus Heystek tells the story of diamonds, downturns and changing fortunes which lead to astonishing riches and losses for Christo Wiese.
De Beers implemented its biggest price increase for diamonds in years as the industry starts bouncing back from the pandemic-induced shutdown.
After Covid-19 battered diamond prices last year, De Beers has pruned its elite buyers list and reshuffled the market to boost profit.
Initially forecasting an 85% profit slump, Absa Group has released its half-year earnings, with an 82% decrease in profits.
De Beers has finally decided to cut the price of its diamonds in a bid to spark sales after the coronavirus pandemic paralyzed the industry.
Cabinet has agreed to move the curfew to start at 10pm to allow for uninterrupted dinner service at restaurants but the sale of alcohol remains prohibited.
President Cyril Ramaphosa says those who have stolen money from South Africa needed to be tracked down no matter where in the world they are.