Topic
de beers
Metals & Mining #de beers#diamonds
De Beers halts diamond production at flagship South African mine for two years amid market slump
De Beers is suspending production at its flagship Venetia diamond mine in South Africa for two years, citing depressed market conditions and changing consumer habits. The mine accounts for over 40% of the country's diamond output and employs more than 4,000 workers. The International Diamond Consultants' rough diamond price index has almost halved since 2022, driven by falling demand in China and competition from lab-grown diamonds.
Jul 14, 2026 1 source
Commodities Metals & Mining #diamonds#india
Natural Diamond Demand Surges Among Indian Women
Natural diamond ownership among Indian women has increased from 11% in 2022 to 15% in 2025, driven by Gen Z and Millennials. The market is projected to grow at a 12% CAGR, reaching ₹1.52 lakh crore by 2030.
May 30, 2026 1 source