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...This fracturing of the diamond market is set to last. After a brief pandemic-era boom in diamond jewellery, miners are battling to whittle down oversupply of gems....
...And they’ve spent a huge amount of money over the decades. You know, a diamond is forever....
...Diamond output for Anglo American’s De Beers slumped 23 per cent in the first quarter, as production was cut in response to an expected slow recovery in demand given the pullback in luxury spending and the...
...From 1937-1944, O’Neill lived on a 158-acre ranch with his third wife Carlotta Monterey O’Neill; he was her fourth husband....
...That feels more like an excuse than a full explanation. Natural diamond prices are nearly 20 per cent below their level of a year ago after a run-up in 2022, and were higher a decade ago....
...Diamond output for De Beers slumped 23 per cent in the first quarter, as production was cut in response to a slow recovery in demand amid a pullback in luxury spending and the proliferation of lab-grown...
...Diamond output by the mining giant De Beers is down 23% this quarter. Demand is slowing as a bounce from the coronavirus pandemic wears off and synthetic diamonds eat into market share....
...“‘Buy yourself a damn diamond’ is what we say,” says founder Noura Sakkijha, who launched Mejuri in 2015....
...Anglo American has booked more than $2bn of impairments related to its diamond and nickel mines as annual profits dropped by a third on lower commodity prices, in another setback for the British mining group...
...Oliver Roeder They catch the attention of a local ranch manager, a man by the name of Steven Grende, who works for a wealthy ranch owner, a man named Fred Eshelman....
...A minimal bracelet – such as Dior’s white-gold and diamond Gem Dior bangle – offers understated sparkle....
...has already cost him his luxury Aspen ranch, his yacht and his shares in Tellurian, the floundering LNG developer he co-founded in 2016....
...“It’s the people who bought a flat or house in China who would aspire to buy a diamond,” Cook said....
...In today’s newsletter: London brokers cling together BYD seeks LatAm lithium JetBlue’s deal turbulence Bob Diamond bets UK market has hidden gems Former Barclays boss Bob Diamond has come a long way...
...It’s like when you come onto the ranch wearing a chambray shirt – you know you look cool but it’s a different kind of cool, not fashion cool.” Lunch is served: south-west-style burgers (what else?)...
...The sculptural motif of pear-shaped, round and marquise-cut diamonds, set at odd angles around a necklace, was a technical as well as creative feat....
...“US consumer demand for natural diamonds was impacted by macroeconomic challenges as well as a rising supply of lab-grown diamonds,” said the world’s largest producer of diamonds....
...Diamond and Ricci are hoping to defy a slump in company listings and a dearth of dealmaking, which has hit a sector that is reliant on advising companies on deals and providing research to make money....
...West led 3♥ and, when dummy’s 10♥ won the first trick, South was pleased — West had gifted a trick. He turned it over and made his plan, but now he could not win: he had two inevitable diamond losers....
...Prime Video “will become Diamond’s primary partner through which customers will be able to purchase direct-to-consumer access to stream local Diamond channels”, Diamond said in a statement....
...“Running De Beers is altogether a big step,” said Cutifani, who is now chair of Vale Base Metals, a competitor. “Diamonds is such a different business . . ....
...seemed like a paean to human emotions in a world of advancing AI....
...third countries from March 1; and a full traceability system for rough diamonds traded in G7 nations from September 1, according to people briefed on the contents of a joint statement....
...The Diamond saga is more than just a run-of-the-mill corporate restructuring....
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