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Search results: De Beers
Botswana Pushes for Control of De Beers as Anglo Exit Looms
As the global diamond industry navigates a downturn marked by falling demand and rising competition from lab-grown stones, Botswana is making bold moves to secure its stake in the diamond value chain. The country has declared...
It’s Over for Lab-Grown Diamonds as De Beers Ditches Man-Made Stones
De Beers has unveiled a comprehensive five-year strategy to reposition itself as the top luxury jewellery group.While the company already sells diamond jewellery through its global network of boutiques, CEO Al Cook plans to significantly expand...
De Beers Unearths Sales Boom in Rough Diamond Sales for Cycle 3, 2024
Anglo-American's diamond subsidiary, De Beers, reported a significant increase in rough diamond sales for the third sales cycle of 2024. The provisional rough diamond sales of Cycle 3 represent the expected sales value for the period...
De Beers’ 2024 Q2 Sales Spark Surge in Diamond Revenue
Anglo American's diamond subsidiary, De Beers, has reported a significant increase in diamond revenues despite the rough sales for its latest sales cycle.De Beers last year announced that the seventh sales cycle of 2023, which took...
De Beers’ Diamond Revenues Drop
Anglo-American's diamond subsidiary, De Beers, has reported a significant decline in diamond revenues for its latest sales cycle.
Debeers announced that the seventh sales cycle of 2023, which took place between 14 and 29 August, generated only...
De Beers implements big diamond price hike
De Beers pushed through one of its most aggressive diamond price increases in recent years as the world’s biggest producer of the stones cashes in on a buying frenzy for uncut gems.De Beers raised prices by...
De Beers’ diamond sales beat pre-covid levels
De Beers, the world’s largest diamond producer by value, said on Wednesday sales in the first cycle of 2021 were 44% higher than in the previous one, evidence that a long-awaited recovery in the diamond market is...
De Beers raises diamond prices to the highest in years
De Beers implemented its biggest price increase for diamonds in years as the industry starts bouncing back from the pandemic-induced shutdown.
The world’s biggest diamond producer raised prices by about 5% at its first sale of the...
De Beers uses geofencing to protect crew on world’s largest offshore diamond mining vessel
A new IoT solution that provides geofencing to maintain safe work distances for crew operating heavy equipment has been installed at De Beers’ marine diamond mining operations.The system relies on Bluetooth low energy locators and wearable...
Botswana says no guarantee on De Beers deal by end-2020
The Botswana government said there was no guarantee that it would be able to renew a new 10-year sales agreement with De Beers before the end of December, when the current one expires, as the coronavirus...
De Beers cuts diamond prices after covid-19 curbs demand
De Beers has finally decided to cut the price of its diamonds in a bid to spark sales after the coronavirus pandemic paralyzed the industry.De Beers, the world’s no. 1 producer, told customers that it is...
De Beers cancels third diamond sight due Covid-19 travel restrictions
DE BEERS has cancelled its third sight for the 2020 financial year owing to travel restrictions placed on buyers as a result of COVID-19.Anglo American, which owns 85% of De Beers, said in an announcement that sightholders...
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