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De Beers

News and articles about De Beers

Diamonds

Consumer demand for diamond jewellery grows to record levels in the USSubscription

Consumer demand for diamond jewellery in the United States hit a record level of $39bn (£26.7bn) in 2015.

Diamonds 2

Polished diamonds with IIDGR grading reports to be listed on RapNetSubscription

De Beers has announced that polished diamonds with grading reports from the International Institute of Diamond Grading and Research (IIDGR) can now be listed on the RapNet polished diamond trading platform.

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De Beers to leave iconic Charterhouse Street HQSubscription

De Beers is set to move out of its iconic headquarters on London’s Charterhouse Street, its home since the 1930s.  

Diamonds

Rough diamond sales rise by 7% in third cycle, says De BeersSubscription

Sales of rough diamonds at the De Beers Group of Companies are expected to hit $660m (£463.5m) in cycle three of 2016, continuing the positive trend seen so far this year.

Sotheby's Blue Diamond

De Beers Millennium Jewel 4 nets $31.8m at auctionSubscription

The largest oval fancy vivid blue diamond ever to go under the hammer netted $31.8m (£22.5m) on April 5.

IIDGR seminar in Maidenhead

EXCLUSIVE: IIDGR hosts seminar at De Beers' Maidenhead facilitySubscription

The IIDGR (International Institute of Diamond Grading & Research) held a grading and diamond verification seminar in conjunction with the London Diamond Bourse for Bourse members and selected press at its Maidenhead facility on March 16.

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De Beers Group opens diamond reselling business in USSubscription

The De Beers Group of Companies formally launched a new division in the US entitled the International Institute of Diamond Valuation (IIDV), which provides an enhanced diamond jewellery reselling solution tailored to meet the needs of both retailers and consumers.

Diamonds 2

Polished diamond prices climb in FebruarySubscription

Polished diamond prices climbed in February due to shortages in better-quality diamonds and some holiday demand, continuing the uptrend of the past four months.

London Diamond Bourse members at De Beers

LDB hosts seminar with IIDGR at De Beers London HQSubscription

The London Diamond Bourse hosted a members seminar with the IIDGR (International Institute of Diamond Grading & Research) at the De Beers Group of Companies London HQ yesterday.

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De Beers announces positive trend in rough diamond demandSubscription

The De Beers Group of Companies announced a positive trend in rough diamond demand today, unveiling its rough diamond sales for cycle 2, 2016.

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De Beers' London HQ may be soldSubscription

De Beers’ London headquarters may be sold by Anglo American according to reports in the national press.

London Diamond Bourse logo

London Diamond Bourse links-up with De Beers to launch UK lab serviceSubscription

Diamond trade association the London Diamond Bourse (LDB) has joined up the International Institute of Diamond Grading & Research (IIDGR), part of the De Beers Group of Companies, to offer its members a testing service for diamonds.

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Increase in rough diamond sales reflects improvements in trading conditionsSubscription

Rough diamond sales for the first cycle of the year improved significantly compared to the final sales cycle of 2015, according to De Beers.

Diamonds

De Beers completes sale of Kimberley MinesSubscription

De Beers Consolidated Mines (DBCM) has announced that it has completed the sale of Kimberley Mines, including all assets and the tailings mineral resource, to Ekapa Minerals (Pty) Limited – an investor consortium comprising Ekapa Mining and Petra Diamonds Limited.

Diamonds 2

2016 likely to be volatile for diamond industry, says De Beers' MellierSubscription

De Beers chief executive Philippe Mellier has said that recovery in the diamond sector remains delicate and that there is likely to be some volatility in 2016.

Snap Lake Mine

De Beers to put Canada’s Snap Lake Mine on care and maintenanceSubscription

The De Beers Group of Companies has announced that it has placed Snap Lake Mine in Canada’s Northwest Territories on care and maintenance following a review of the mine’s operation.

Diamonds

Connecting resources and society conference to be held in BotswanaSubscription

Leading experts from academia, civil society and Botswana public and private sectors are set to meet in Gaborone on 23 - 24 November 2015 for the Connecting Resources and Society conference.

Forevermark 12ct Diamond

Forevermark adds 12.06ct diamond to Exceptional rangeSubscription

DeBeers’ diamond brand Forevermark has unveiled a 12.06ct round brilliant diamond as part of its Exceptional Diamond Collection.

Diamonds 2

De Beers Diamond Insight Report highlights growth opportunities in IndiaSubscription

The De Beers Group of Companies has published its Diamond Insight Report 2015 which highlights the growth potential of the Indian retail sector for the global diamond industry.

De Beers Group logo

De Beers confirms major investment in holiday marketing campaignSubscription

The De Beers Group of Companies has announced that it plans to make a major investment in a marketing campaign over the festive holiday season, with the intention of generating increased consumer demand for diamond jewellery.

Diamonds 2

Diamond prices decline in JulySubscription

Diamond prices feel in July as market sentiment slumped to levels not seen since the 2008 financial crisis according to the Rapaport monthly report.

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De Beers EBITDA dips in first half Subscription

The world’s leading diamond company, De Beers, saw EBITDA drop 19% in the six months to June 30, 2015 compared to the same period the prior year, due to a softening in demand for rough diamonds.

Press at the Forevermark diamond masterclass

Forevermark marks UK launch with dedicated press eventSubscription

Forevermark, the diamond brand from the DeBeers Group of Companies, marked its UK launch yesterday (July 16) with a dedicated event for press.

De Beers Jewellery

De Beers Diamond Jewellers recertified by RJC Subscription

The Responsible Jewellery Council (RJC) has announced the recertification of De Beers Diamond Jewellers Ltd yesterday (June 25).

ALROSA president Andrey Zharkov profile picture

ALROSA president to attend 2015 Presidents’ Meeting Subscription

Newly appointed president of Russian mining company ALROSA Andrey Zharkov will be attending the 2015 Presidents’ Meeting, taking place from June 14-16.

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De Beers’ rough diamond sales for beneficiation increase 11% in 2014Subscription

The De Beers Group of Companies’ saw total rough diamond sales for local beneficiation purposes increase 11%to $1.56bn (£1.01bn) in 2014, according to the company’s 2014 Report to Society.

Forevermark Logo

De Beers’ Forevermark to relaunch ‘A Diamond is Forever’ sloganSubscription

Forevermark, the diamond brand from the De Beers Group of Companies, is to relaunch the iconic slogan, A Diamond is Forever to tie in with its winter holiday marketing campaign.

Logo of newly formed Diamond Producers Association (DPA)

Diamond miners form Diamond Producers AssociationSubscription

Seven leading diamond mining companies announced their commitment to forming the Diamond Producers Association (DPA) yesterday (May 27).

diamond launch

De Beers seeks expressions of interest for Kimberley MinesSubscription

The De Beers Group of Companies has announced its intention to explore the operating life of the Kimberley Mines Tailings operation beyond 2018 by placing the mine on the market.

De Beers Group logo

De Beers acquires equity stake in SynovaSubscription

The De Beers Group of Companies announced it has acquired a 33.4% equity stake in Synova SA (Synova) yesterday.

Forevermark Logo

Forevermark makes $10 million investmentSubscription

The De Beers Group of Companies announced the opening of the International Institute of Diamond Grading and Inscription facility in Surat, India.

De Beers and GIA logos

GIA and De Beers discuss synthetic diamondsSubscription

GIA (Gemological Institute of America) and De Beers Technologies UK research scientists will discuss synthetic diamonds during GIA GemFest Basel 2015 at the Congress Center Basel, Switzerland on Sunday March 22.

Diamonds

Diamond industry encouraged to invest in marketing and technology in order to maintain growthSubscription

The diamond industry is being urged to invest in marketing and technology in order to keep pace with other luxury goods group and maintain recent global demand for diamonds.

Nicky Oppenheimer

De Beers Group chairman given Lifetime Achievement AwardSubscription

Chairman of the De Beers Group Nicky Oppenheimer will receive the Jewellery News Asia (JNA) Lifetime Achievement Award, celebrated at an event in September.

People can "try on" the pieces virtually

De Beers and Holition collaboration allows people to "try on" diamonds virtuallySubscription

De Beers diamond brand Forevermark has collaborated with augmented reality software specialist Holition to launch a virtual diamond trying-on facility.

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Holition and Tatler collaborateSubscription

Holition and Tatler collaboration allows readers to try on £10m worth of jewellery

Diamond giant De Beers has teamed up with investment holding company NetCare 911 to provide emergency medical assistance to people living in remote parts of South Africa

De Beers teams up with NetCare 911Subscription

Diamond giant De Beers has teamed up with investment holding company NetCare 911 to provide emergency medical assistance to people living in remote parts of South Africa.

De Beers chairman Nicky Oppenheimer addressed the Council on Foreign Relationships in Washington DC in the US earlier this month, where he spoke about the positive role businesses can and should play in meeting Africa's many challenges

De Beers chairman urges companies to help Africa meet challengesSubscription

De Beers chairman Nicky Oppenheimer addressed the Council on Foreign Relationships in Washington DC in the US earlier this month, where he spoke about the positive role businesses can and should play in meeting Africa’s many challenges.

Diamond giant the De Beers Group has named Philippe Mellier as its CEO after a wide-ranging search to fill the position

De Beers names Philippe Mellier as CEOSubscription

Diamond giant the De Beers Group has named Philippe Mellier as its CEO after a wide-ranging search to fill the position.

Diamdel has opened registration for auction participation

Diamdel opens registration for auction participationSubscription

Diamdel has opened the application process for companies wishing to participate in its rough diamond auctions.

The DTC is inviting interested businesses to register

DTC open to registration for SightholdersSubscription

The Diamond Trading Company (DTC) has opened registration for the 2012-2015 Supplier of Choice contract period and is inviting interested businesses to register.

Strong demand for diamonds has put De Beers back in the black

Strong diamond demand puts De Beers back in blackSubscription

Diamond giant De Beers said today that it is expecting continued growth in 2011 after a recovery in diamond prices, cost control measures and strong demand in Asia saw its sales increase and the company return to profit in 2010.

Diamdel reported strong demand for rough diamonds in Q4

Diamdel reports strong demand for rough diamonds in Q4Subscription

Diamdel has reported strong demand for rough diamonds during the sales events it held via its online auction channel in Q4.

Diamdel has opened new offices in Israel

Diamdel steps up presence in IsraelSubscription

Diamdel has opened a new set of offices in Israel to help it engage with local customers and better position itself in the market for 2011.

De Beers Consolidated Mines (DBCM) is set to sell its Finsch Diamond Mine to Petra Diamonds

De Beers sells Finsch Diamond Mine to Petra Diamonds Subscription

De Beers Consolidated Mines (DBCM) has entered into an agreement to sell its Finsch Diamond Mine to Petra Diamonds.

Non sightholders snapped up the majority of lots at the last Diamdel auctions of 2010

Non sightholders snap up lots at last Diamdel auctions of 2010Subscription

Non sightholders snapped up the majority of lots at the last Diamdel rough diamond auctions of 2010.

Varda Shine, DTC CEO, addresses DTC Sightholders at annual reception in London

De Beers and DTC congratulate sightholders on strong 2010 Subscription

The world’s leading diamantaires assembled in London this week at the Diamond Trading Company’s (DTC) annual sightholder reception, where they were urged prepare for growth opportunities in this year, following a strong year in 2010.

Leading Diamond Trading Company (DTC) sightholder Erez Daleyot became the first individual in history to open one of the organisation's sights and have a behind-the-scenes tour

Sightholder opens first DTC sight of 2011Subscription

Leading Diamond Trading Company (DTC) sightholder Erez Daleyot became the first individual in history to open one of the organisation’s sights and have a behind-the-scenes tour, after bidding for the opportunity at the Diamond Empowerment Fund’s London auction in November.

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British Gemmological Institute appoints Alan Collins as special advisorSubscription

The British Gemmological Institute (BGI) has appointed Professor Alan Collins as its special advisor on diamond spectroscopy.

DEF Africa's Angels Nicola Beytenbach, Flaviana Matata, DEF co-founder Russell Simmons, DTC CEO Varda Shine, Mr Shanka

Diamond Empowerment Fund raises $500,000 in cashSubscription

The Diamond Empowerment Fund’s (DEF) Diamonds In The Sky fund raising event hit its target of raising $500,000 (£310,000) in cash last night, which it will use to empower the African nations in which diamond mining takes place.

LVMH has acquired a 17.1% stake in Hermès International

LVMH acquires 17% stake in HermèsSubscription

Luxury goods group LVMH Louis Vuitton Moët Hennessy, which owns Tag Heuer, Dior Watches and De Beers, announced on October 26 that it has built up a €1.45bn (£1.2bn) 17.1% stake in French company Hermès, famous for its scarves and bags.

De Beers scooped the top award at the ACCA South Africa annual Sustainability Reporting Awards

De Beers wins Sustainability Reporting Award Subscription

Diamond company De Beers scooped the top award at the Association of Chartered Accountants South Africa (ACCA) annual Sustainability Reporting Awards, held in Johannesburg on October 21.

Forevermark has cashed in on the Asian market

Forevermark cashes in on Asian marketsSubscription

Diamond brand Forevermark, which is part of the De Beers Group, has announced that its retail sales hit $2bn (£1.2bn) in October, led by growth in Asia.

LVMH's results soared in the first nine months of 2010. Pictured: Lewis Hamilton and Jenson Button model for TAG Heuer

LVMH results soar as luxury sector regains confidenceSubscription

Revenues for the first nine months of 2010 have shot up at luxury goods giant LVMH Louis Vuitton Moët Hennessy, which experts say is down to improved confidence among retailers leading to re-stocking.

De Beers has appointed Barend Petersen as executive chairman of the company's South African mining operation

De Beers announces management shakeup Subscription

De Beers has announced the appointment of Barend Petersen as executive chairman of the company’s South African mining operation, De Beers Consolidated Mines (DBCM).

The Superkolong Consortium has acquired the Jagersfontein mining area from De Beers

Superkolong Consortium acquires Jagersfontein mining area from De BeersSubscription

Diamond company De Beers has announced that it has closed a deal transferring its assets at the Jagersfontein mining area, including its mine dumps, to the Superkolong Consortium.

Forevermark plans to expand into India, Singapore, selected Caribbean islands and Mexico before the end of 2010

Forevermark eyes expansion into new markets before end of 2010Subscription

Diamond brand Forevermark, which is part of the De Beers Group, has announced plans to expand into new markets before the end of 2010 to gain market share.

Diamond company De Beers Group has announced plans to simplify its Supplier of Choice (SoC) method of diamond distribution, and enhance its Intention to Offer (ITO) process

De Beers issues distribution updateSubscription

Diamond company De Beers Group has announced it will continue to focus on its Supplier of Choice (SoC) as its primary method of diamond distribution, but says it will simplify the process and enhance its Intention to Offer (ITO) process.

De Beers Daberas diamond mine in Namibia, Africa

World will be watching Marange diamond production, says De BeersSubscription

Diamond company De Beers has leant its support to the Kimberley Process’s agreement to enable controlled diamond exports from Zimbabwe, but warns “the world will be watching”.

The robbers are shown wielding hammers on the CCTV footage

Police hard on heels of Royal Exchange ThievesSubscription

London City Police has released CCTV footage showing the men who stole from De Beers and Omega stores at London’s Royal Exchange shopping centre on August 14.

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Jewellery raid at Royal Exchange could have been 'inside job'Subscription

The smash-and-grab raid on De Beers and Omega, which took place at the Royal Exchange shopping centre on Saturday night, may have been an inside job according to a former Scotland Yard commander.

Lewis Hamilton models a TAG Heuer watch

LVMH results indicate recovery in jewellery sectorSubscription

LVMH Moët Hennessey Louis Vuitton achieved double-digit organic revenue growth across every sector of its business in the first six months of 2010, benefitting from improved confidence in the jewellery sector.

De Beers rough diamonds

De Beers CEO Gareth Penny bows out as company recoversSubscription

De Beers posted strong results for the first half of 2010, as CEO and the man behind the recovery Gareth Penny announced his intention to step down on July 23.

De Beers CEO Gareth Penny

De Beers CEO Gareth Penny announces plans to step downSubscription

De Beers CEO Gareth Penny has announced his intention to step down from the post, while the diamond company has revealed strong trading results for the first half of 2010.

De Beers 3D window at Isetan department store in Tokyo, Japan.

De Beers partners with Holition to showcase diamonds in 3DSubscription

Diamond company De Beers launched a 3D diamond exhibition using technology from Holition, at Isetan department store in Tokyo, Japan on July 1.