Diamond Crisis Worsens As De Beers Signals Rough Times Ahead
December 14, 2019 at 18:56 PM EST
World's largest diamond miner, De Beers, has seen plunging profit margins as the diamond crisis deepens in 2019 and is set to worsen in 2020. De Beers has been slashing diamond prices as global markets remained oversupplied into the holiday season