De Beers

De Beers reports stable rough diamond demand

The De Beers Group has reported stable rough diamond demand, following its third sales cycle of 2016. The company reported…

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De Beers says rough diamond demand ‘is improving’

Demand for rough diamonds continues to improve for De Beers as it announces an increase in sales for its second…

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De Beers rough diamond sales slump 39% in 2015

Rough diamond sales for De Beers slumped 39% to 19.9 million carats in 2015, according to the firm’s parent company…

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De Beers sells £380m worth of diamonds in first sale of 2016

De Beers has announced it sold $540m (£380m) worth of rough diamonds in the first sales cycle of 2016 –…

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2016 ‘likely to be volatile’ claims De Beers CEO

De Beers Group chief executive, Philippe Mellier, warned of likely “volatility” in the diamond industry in 2016. Addressing a sightholder…

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De Beers suspends Canada Snap Lake mine operation

De Beers has announced it has suspended operations at its Snap Lake diamond mine in Canada due to poor market…

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Petra and Ekapa Mining acquires De Beers’ Kimberley mines

Petra Diamonds and South African mining company Ekapa Mining have announced the acquisition of De Beers’ Kimberley mines. Petra, which…

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De Beers sales fall 21% in first half of 2015

Diamond company De Beers has reported a total sales decrease of 21% to $3bn (£1.94bn) in the first six months…

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De Beers places Kimberley Mines on the market

De Beers has announced that it is looking for expressions of interest for its Kimberley Mines in South Africa.  The…

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GIA and De Beers to discuss synthetics at Basel

Researchers from the Gemological Institute of America (GIA) and De Beers will discuss ‘concerns’ over synthetic diamonds at GIA GemFest…

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