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    <copyright>2026 IDEX Online</copyright>
    <pubDate>Wed, 11 Nov 2026 03:47:08 GMT</pubDate>
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      <title>Botswana will Double De Beers Stake to 30%</title>
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      <description>Botswana is to double its holding in De Beers to 30%, becoming its largest single shareholder under a proposed takeover by a consortium led by former CEO Gareth Penny.    President Duma Boko announced the decision on November 9 in his State of ...</description>
      <pubDate>Mon, 9 Nov 2026 14:00:00 GMT</pubDate>
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      <title>Petra Diamonds Shares Suspended as Miner Fights for Survival</title>
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      <description>Petra Diamonds, once one of the world's largest independent diamond producers, had trading in its shares suspended on the London Stock Exchange on November 2 after failing to publish its annual accounts.    Petra is struggling with net debt of $322 million...</description>
      <pubDate>Tue, 3 Nov 2026 05:00:00 GMT</pubDate>
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      <title>Natural Diamond Industry at 'Defining Moment,' says DMCC Chairman</title>
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      <description>The natural diamond industry is at a "defining moment", according to DMCC executive chairman Ahmed Bin Sulayem.    He called for coordinated action to restore consumer confidence, create new sources of value and address pressures extending well beyond ...</description>
      <pubDate>Tue, 27 Oct 2026 12:00:00 GMT</pubDate>
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      <title>Kering Jewelry Sales Rise 12% in Third Quarter</title>
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      <description>Kering's jewelry division increased third-quarter revenue by 12% to EUR 239 million ($277 million), supported by growth at Boucheron and Pomellato, making it one of the stronger performers within the group.    The French luxury conglomerate reported its ...</description>
      <pubDate>Mon, 26 Oct 2026 06:00:00 GMT</pubDate>
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      <title>Richemont and Signet "Could Buy Stake in De Beers"</title>
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      <description>Richemont and Signet Jewelers are reported to be in talks about joining the Global Diamond Consortium (GDC), the preferred bidder for De Beers.    Bloomberg News said today, October 15, that both groups were in talks with the consortium led by former ...</description>
      <pubDate>Thu, 15 Oct 2026 13:00:00 GMT</pubDate>
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      <title>LVMH Watch and Jewelry Sales Rise 6% as Bulgari, Tiffany Drive Growth</title>
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      <description>LVMH's Watches &amp;amp; Jewelry division recorded 6% organic sales growth in the third quarter of 2026, as strong demand for jewelry helped offset a slowdown in growth across the luxury group.    Revenue from the division, which includes Tiffany &amp;amp; Co., Bulgari...</description>
      <pubDate>Thu, 15 Oct 2026 10:00:00 GMT</pubDate>
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      <title>Botswana Closer than Ever to De Beers Deal</title>
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      <description>Botswana is reported to be closer thane ever to an agreement over the future ownership of De Beers, potentially clearing a major obstacle to the sale of the diamond miner by Anglo American.    Bloomberg reported Tuesday (13 October), citing people ...</description>
      <pubDate>Wed, 14 Oct 2026 07:00:00 GMT</pubDate>
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      <title>Troubled Petra Faces Sale of Company or Assets</title>
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      <description>Petra Diamonds today (October 5) said it had appointed a financial adviser to manage a strategic review - a possible precursor to the sale of its Cullinan mine and other assets, or of the entire company.    The London-listed miner, which once operated a portfolio...</description>
      <pubDate>Mon, 5 Oct 2026 15:00:00 GMT</pubDate>
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      <title>De Beers Takes Full Ownership of Gahcho Kue Mine</title>
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      <description>De Beers is to take full ownership of the Gahcho Kue diamond mine in Canada's Northwest Territories after financially troubled Mountain Province Diamonds agreed to transfer its 49% stake.    The agreement, announced October 1, gives De Beers 100%...</description>
      <pubDate>Mon, 5 Oct 2026 04:00:00 GMT</pubDate>
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      <title>Smuggling Scandal: Jeweler Predicts Huge Loss amid Rush for Buybacks</title>
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      <description>Vietnam's largest listed jewelry retailer is forecasting a $241 million loss for 2026, after a diamond-smuggling scandal triggered a huge rush of buybacks.    PNJ (Phu Nhuan Jewelry), which has 430 stores across the country, now assumes that customers ...</description>
      <pubDate>Thu, 1 Oct 2026 03:00:00 GMT</pubDate>
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