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Burgundy Diamonds lays off employees in Canada as diamond prices tank
18 Jul 2025 04:14 GMT
Australian miner Burgundy Diamond Mines laid off several hundred employees and contractors and suspended operations at its Point Lake diamond mine in Canada due to record-low diamond prices, a company spokesperson said on Thursday.
The Point Lake site in …
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Burgundy plunges -20% after turning to layoffs to navigate record-low diamond prices
18 Jul 2025 07:20 GMT
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Burgundy Diamond Mines (ASX:BDM) has been battered heading into the Week 29 weekend after suspending its Point Lake diamond operation in Canada and sacking several hundred employees …
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Mercedes-Benz Dealer Says EQ EV Prices Dropping Up To $15k For 2026
17 Jul 2025 23:18 GMT
If you're shopping for a Mercedes-Benz EV, you might want to hold off for a little bit. A Mercedes-Benz dealer sales manager in Ohio has just posted on TikTok that there will be some huge price drops as Mercedes-Benz introduces 2026 models like the EQE …
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Diamonds in the rough: struggling industry’s fight against the lab-grown fake
17 Jul 2025 22:57 GMT
… GRAYLOCK.COM
Lab-grown diamonds are chemically, physically and … pricing of £600 per carat. In May De Beers … “The persistently declining value of lab-grown diamonds in jewellery underscores … products and natural diamonds.”
• 11 best diamond engagement rings for …
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Antiques Roadshow guest bluntly dismisses brooch as 'hideous' - but soon eats her words as she learns its life-changing value
17 Jul 2025 14:22 GMT
… when Joanna moved onto the diamond brooch, the guest abruptly commented: … when Joanna moved onto the diamond brooch, the guest abruptly commented: … the brooch contained an eight carat diamond that was 'quite … ;
Joanna explained that the value of diamonds had changed in the …
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Zimbabwe diamonds lose shine, spark massive job cuts as currency crunch bites
17 Jul 2025 12:30 GMT
… for diamond prices to recover on the global market.
Plummeting demand for diamonds … was struggling to stay afloat.“Diamond prices have gone down on … to 359,000 carats from 414,000 carats the previous year … 20 percent of the full value of the gemstones.
The …
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Are diamonds even a luxury anymore? De Beers reckons with price plunge
17 Jul 2025 11:17 GMT
… the prices of mined diamonds.
Manufactured diamonds are 100% carbon, … the world’s diamond trade. When diamond demand collapsed … price-conscious consumers have less leeway.
Sales of lab-grown diamonds … 1-carat lab-grown diamond only to see its value collapse, …
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Several hundred people laid off after open pit mining abruptly stops at N.W.T.'s Ekati diamond mine
17 Jul 2025 01:25 GMT
North
Burgundy Diamond Mines says it’s laid off some of its employees and contractors and has temporarily stopped open pit mining at Point Lake — one of its two active operations at the Ekati Diamond Mine.
Owner says the nearby Misery underground mine …
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Let the Diamond Lead
16 Jul 2025 23:36 GMT
… Cs
For anyone new to diamonds, the process can seem … Carat. They’re the foundation of any diamond’s quality and value … more decorative, with hidden diamond mount details or personalised engraving … on consultation.
Expertise
Every diamond in the Baker Brothers …
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Lauren Sanchez's $5 million diamond ring causes UPROAR as fans think it could snap... jewelers reveal the truth
16 Jul 2025 20:00 GMT
… to be about 30 carats and has been valued between $3 and … delicate to support the massive diamond.
Now, insiders are exclusively … that she could lose her pricey bauble
Sánchez was quick to … made of precious metals and diamonds or gemstone that is …