De Beers

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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(...)

A weaker rupee has made gems more expensive for Indian manufacturers, who cut or polish about 90%  of the world’s stones. Photograph:  Reuters

De Beers’s diamond sales plunged again at the company’s latest offering, underlining a slump in demand from the miner’s customers who are struggling t(...)

Dermot Desmond: he owns almost 30%  of Mountain Province Diamonds. Photograph: Cyril Byrne

A large group of shareholders at Mountain Province Diamonds (MPD), whose biggest investor is Irish businessman Dermot Desmond, withheld their support (...)

45 Old Bond Street, in London: Dublin-based BCP Asset Management is said to be considering a sale

Investors with Dublin-based BCP Asset Management could be in line for a significant boost from the company’s boom-era investment in a prime property i(...)

A Tullow Oil drilling block in Kenya. Photograph: Tony Karumbatony/Getty Images

Tullow Oil has appointed two new directors to its board, with Sheila Khama and Genevieve Sangudi set to join as non-executive directors from April 26t(...)

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