Bruce Cleaver

2 results

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(...)

Photograph: Chris Ratcliffe/Bloomberg News

De Beers reported a big drop in diamond sales, dragged down by waning demand for smaller and cheaper stones. De Beers sold just $505 million (€441 mi(...)