Latest News for: De Beers

Edit

De Beers halts Venetia output amid diamond slump

The Arabian Post 15 Jul 2026
De Beers plans to suspend production at its Venetia diamond mine in South Africa for two years as weak rough-stone prices and persistent trading pressures force the group to deepen cost cuts across its global operations.
Edit

Giant SA mine falls victim to lab diamonds as De Beers falters

News24 14 Jul 2026
A two-year production pause at De ...
Edit

De Beers halts diamond production at flagship South African mine for two years

BBC News 14 Jul 2026
Production will stop for two years at the mine which employs more than 4,000 people. .
Edit

Diamond giant De Beers halts work at flagship South African mine as demand plummets

BBC News 14 Jul 2026
Production will stop for two years at the mine which employs more than 4,000 people ... .
Edit

More than 1,000 jobs at risk as De Beers halts Venetia mine production, NUM warns

Business Day 14 Jul 2026
Union warns over 1,000 jobs threatened by De Beers' two-year Venetia shutdown .
Edit

De Beers to pause Venetia production amid portfolio, organisational changes

Mining Weekly 14 Jul 2026
Diamond miner De Beers Group has, consistent with recent actions to improve business ...
Edit

De Beers to suspend production at South Africa's Venetia mine for 2 years

Xinhua 14 Jul 2026
JOHANNESBURG, July 14 (Xinhua) -- De Beers Group intends to pause ... Since 2024, De Beers has cut more than 100 million U.S ... De Beers to suspend production at South Africa's Venetia mine for 2 years.
Edit

De Beers shutters SA\u2019s biggest diamond mine for two years

News24 13 Jul 2026
De Beers will ...
Edit

De Beers to shutter SA diamond mine to save cash

Moneyweb 13 Jul 2026
Miner has sought to lower production to try to support prices, but a glut of stones from Angola and weak demand have undermined those efforts ... .
Edit

De Beers shuts flagship diamond mine for two years as prices for the precious stones slump

The Daily Mail 13 Jul 2026
De Beers, whose gems are worn by singer Rita Ora (pictured), said it is pausing operations at its Venetia mine for two years to cut costs ....
Edit

De Beers idles South Africa’s top diamond mine for two years

Mining 13 Jul 2026
De Beers will suspend production at its Venetia mine, South Africa’s highest-value diamond operation, for two years as the company cuts costs and streamlines its business to withstand a prolonged downturn in the rough diamond market.
Edit

De Beers pauses production at Venetia mine to cut costs in a difficult diamond market

Independent online (SA) 13 Jul 2026
De Beers said will pause production at Venetia mine in Limpopo, South Africa’s biggest diamond mine employing about 4,400 staff, for two years to reduce costs ... De Beers is majority-owned by Anglo ...
Edit

Madlanga blasts IDAC boss\u2019 sick note; De Beers pauses SA mining: Today\u2019s top 7 stories

News24 13 Jul 2026
De Beers will ‘pause’ production at its Venetia Mine in Limpopo for two years, as it works to aggressively streamline the embattled diamond business ... De Beers shutters SA’s biggest diamond mine for two years.
Edit

De Beers makes deep diamond price cuts for shrinking buyers club

Mining Weekly 08 Jul 2026
De Beers has made some of the deepest ever cuts to its official diamond prices, potentially signaling an end ...
Edit

De Beers cuts diamond prices, axes 25 elite buyers

Mining 07 Jul 2026
Giant diamond miner De Beers has made sweeping cuts to its official prices at its first sale since culling nearly a third of its handpicked buyers, a strategy aimed at directing more stones to its strongest customers.

Article Search

tools
×
×
×
×