De Beers appoints new chief executiveSubscription
De Beers Group has announced the appointment of Bruce Cleaver as its new chief executive as current chief executive Philippe Mellier prepares to step down after five years with the company.
The De Beers Group of Companies yesterday (May 24) announced the value of rough diamond sales for the fourth sales cycle of 2016.
Canadian-based exploration company CanAlaska has announced that it has entered into a $20.4m (£10.6m) option with De Beers for diamond exploration in the Western Athabasca basin.
The Government of the Republic of Namibia and The De Beers Group of Companies have signed a new 10-year sales agreement for the sorting, valuing and sales of Namdeb Holdings’ diamonds.
Investment made by the De Beers Group of Companies in skills training for the local workforce and social projects increased by 13% in 2015.
Consumer demand for diamond jewellery in the United States hit a record level of $39bn (£26.7bn) in 2015.
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.
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.
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.
The largest oval fancy vivid blue diamond ever to go under the hammer netted $31.8m (£22.5m) on April 5.
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.
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.
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.
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.
The De Beers Group of Companies announced a positive trend in rough diamond demand today, unveiling its rough diamond sales for cycle 2, 2016.
De Beers' London HQ may be soldSubscription
De Beers’ London headquarters may be sold by Anglo American according to reports in the national press.
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.
Rough diamond sales for the first cycle of the year improved significantly compared to the final sales cycle of 2015, according to De Beers.
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.
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.
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.
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.
DeBeers’ diamond brand Forevermark has unveiled a 12.06ct round brilliant diamond as part of its Exceptional Diamond Collection.
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.
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.
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.
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.
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 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 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.
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, 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.
Seven leading diamond mining companies announced their commitment to forming the Diamond Producers Association (DPA) yesterday (May 27).
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 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 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.
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.
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.
Chairman of the De Beers Group Nicky Oppenheimer will receive the Jewellery News Asia (JNA) Lifetime Achievement Award, celebrated at an event in September.
De Beers diamond brand Forevermark has collaborated with augmented reality software specialist Holition to launch a virtual diamond trying-on facility.
Holition and Tatler collaborateSubscription
Holition and Tatler collaboration allows readers to try on £10m worth of jewellery
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 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 the application process for companies wishing to participate in its rough diamond auctions.
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.
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 has reported strong demand for rough diamonds during the sales events it held via its online auction channel in Q4.
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 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 rough diamond auctions of 2010.
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.
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.
The British Gemmological Institute (BGI) has appointed Professor Alan Collins as its special advisor on diamond spectroscopy.
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 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 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 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.
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 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).
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.
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.
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.
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”.
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.
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.
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 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 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.
Diamond company De Beers launched a 3D diamond exhibition using technology from Holition, at Isetan department store in Tokyo, Japan on July 1.