Diamond Giant De Beers up for Sale Amid Blood-Diamond Legacy

Global diamond giant De Beers is reportedly up for sale after suffering a major financial downturn. The company recorded an underlying loss of more than US$500 million in 2025, as the natural-diamond market continues to struggle.

Its parent company, Anglo American, is pursuing the sale as part of efforts to reshape its business. The sale comes after a sharp decline in diamond demand and prices, with De Beers’ sales also falling significantly in 2026.