Canada

De Beers CEO to attend Angola Ministerial Round Table

De Beers Group today announced that its CEO Al Cook will attend the Angola Ministerial Round Table on the promotion…

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Dialog and Kunming Diamonds to launch collaboration at JCK 2025

Dialog Solutions and Kunming Diamonds have announced a new collaboration to have Kunming Diamonds’ natural yellow diamonds on the Dialog…

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Pandora lowers profit guidance amid tariff fears

Pandora has revealed that it has lowered its EBIT margin guidance for the full year to “around 24%”, down from…

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De Beers rough diamond production falls 11% in Q1

The De Beers Group has reported its rough diamond production in Q1 2025 decreased by 11% to 6.1 million carats,…

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US tariffs to cost Pandora up to £137m annually

Pandora has announced that the recent US decision to impose tariffs on imports from several countries will affect the group,…

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De Beers revenues plummet 23% in FY24

De Beers has reported a 23% reduction in total revenues to $3.3bn (£2.61bn) year-on-year, primarily due to a 25% reduction…

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January diamond prices drop in slow market

The diamond market was slow in January, with mixed reports about holiday sales, according to Rapaport’s RapNet Diamond Index. Diamond…

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De Beers lowers production guidance amid challenging trading conditions

De Beers Group has lowered its production guidance for 2025 to 20–23 million carats (previously 30-33 million carats), reflecting the…

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De Beers production drops 25% in Q3

De Beers Group has recorded a 25% decrease in production to 5.6 million carats in the third quarter. The company…

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De Beers to provide country of origin data for its diamonds

De Beers Group has announced that it will provide data on country of origin for all De Beers-sourced rough diamonds…

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