De Beers

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Shares in the Danish company soared as much as 7 per cent , and trade 5.6 per cent higher as of 12.03 pm in Copenhagen. Photograph: Diane Cusack

Pandora A/S, which makes more pieces of jewellery than any other company in the world, will no longer use mined diamonds, dropping another raw materia(...)

Local reports said the mine will implement an enhanced testing regime for workers.  Photograph: iStock

The Canadian diamond mine backed by Dermot Desmond is “ramping up” preparations this weekend to resume production after it was shut down three weeks a(...)

Has the time come to kick our frenzied work habit? Yes, says anthropologist James Suzman. Photograph: Getty Images/iStock

To those accustomed to the comforts of first-world living, the lives of hunter-gatherers look tough and basic. In many ways they were but in one resp(...)

Dermot Desmond: the businessman has been an investor in Canadian diamond mining for more than two decades. Photograph: Cyril Byrne

Mountain Province Diamonds, the listed Canadian miner whose major shareholder is Dermot Desmond, has struck a deal with its lenders to ease rules atta(...)

MPD has told shareholders, all diamond sales have been cancelled “until further notice”. Photograph: iStock

A Canadian diamond miner backed by Irish businessman Dermot Desmond has postponed gem sales and delayed the release of its full-year financial results(...)

Cluster ring with  yellow pear-shaped 1,81ct diamond and pink diamond surround,  white gold, €4,200-€5,200, O’Reilly’s

With Valentine’s Day approaching, it is that time of year when many couples are in search of the perfect diamond to mark their betrothal. The first w(...)

Dermot Desmond owns 30 per cent of Mountain Province Diamonds.

Diamond sales at Mountain Province Diamonds, a Canadian miner backed by Dermot Desmond, were down by more than 25 per cent in the third quarter as gem(...)

Merrion Vaults owner, Seamus Fahy, posing inside the vaults.

Founding owner of Dublin based Voltaire Diamonds and co-founder of the Merrion Vaults, Séamus Fahy says he is “Brexit ready”. Having launched Voltair(...)

A protester depicting British prime minister Boris Johnson demonstrates at a protest outside Downing Street in London on Wednesday. Photograph: Will Oliver/EPA

Renewed fears of a hard Brexit hit some Irish and many British stocks, while US investors remained wary as the country’s trade war with China dragged (...)

De Beers sells gems at 10 sales a year in Botswana to a select group of customers. Photograph: Chris Ratcliffe/Bloomberg

De Beers’s diamond buyers took the rare opportunity to reject stones from the biggest supplier as the company offered almost unprecedented flexibility(...)

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