Gem & Jewellery Export Promotion Council (GJEPC)·3 min read·medium

De Beers Cuts Interim Losses Despite 32% Drop in Rough Diamond Prices

De Beers Cuts Interim Losses Despite 32% Drop in Rough Diamond Prices
AI Summary

De Beers reported a narrowed loss in the first half of 2026 despite a 32% drop in rough diamond prices. The company offset lower prices through increased production, higher sales volumes, and significant cost-cutting measures.

0 De Beers narrowed its losses in the first half of 2026 despite a sharp decline in rough diamond prices, as higher production, increased sales volumes and aggressive cost-cutting helped offset weaker pricing.

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