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De Beers’ loss widens to $511m amid ongoing diamond market challenges
A lower average rough price index and stock rebalancing initiatives had a significant impact on diamond miner De Beers’ earnings for the 2025 financial year, resulting in an underlying loss before interest, taxes, depreciation and amortisation of $511-million, compared with a loss of $25-million in 2024. The company’s rough diamond production decreased by 12% to 21.7-million carats for 2025, from 24.7-million carats in 2024.“The mining operations delivered solid operational performance at lower output levels, as the business produced into prevailing demand,” the company says in a statement on its preliminary ... (full story)
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From @realDonaldTrump|Feb 20, 2026|30 comments
The Democrat Shutdown cost the U.S.A. at least two points in GDP. That’s why they are doing it, in mini form, again. No Shutdowns! Also, LOWER INTEREST RATES. “Two Late” Powell is the WORST!!! President DJT
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- Feb 20, 2026 4:59am Posted byFundamental Analysis199
