Anglo ditching De Beers is hard blow for troubled diamond market
By Bloomberg Published May 15, 2024 The diamond industry has already been feeling the heat. Prices have slumped, Russian sanctions are threatening trade and the emergence of lab-grown gems is eating into some key traditional markets. De Beers Now, the sector’s most dominant name is being cast adrift. Anglo American Plc on Tuesday said it [...]read moreAnglo ditching De Beers is hard blow for troubled diamond market