As increasingly diverse young couples lead the U.S. engagement recovery, Signet and De Beers are partnering to educate consumers about natural diamonds' lasting value
Anglo American announced it will divest its De Beers diamond holdings. De Beers CEO Al Cook looks forward to guiding the company in the evolving diamond jewelry market.
Anglo American (OTCQX:AAUKF) plans to sell some of its legacy assets, notably its diamond business, De Beers, South Africa-based Anglo American Platinum, and steelmaking coal assets.
“The price difference between natural and lab-grown diamonds at retail is growing fast, accelerating consumer awareness that they are fundamentally very different products.”