De Beers

Diamond prices continue to recover in March

The diamond market has shown further signs of recovery in March, driven by low, stable inventories, according to Rapaport’s RapNet…

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Republic of Botswana and De Beers Group confirm diamond partnership

The Government of the Republic of Botswana and De Beers Group have announced that the two partners have now signed…

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De Beers launches DiamondProof in stores

De Beers has announced the launch of its diamond verification device, DiamondProof, in select retail stores. The device, which can…

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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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Céline Assimon steps down as De Beers CEO

De Beers CEO Céline Assimon has stepped down from her role after nearly five years. Assimon joined De Beers in…

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Richard Duffy steps down as Petra Diamonds CEO

Petra Diamonds has announced that Richard Duffy has resigned as CEO and director of the company by mutual agreement and…

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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 and Botswana secure rough diamond sales agreement

The Government of the Republic of Botswana (GRB) and De Beers Group have agreed a deal establishing a new sales…

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Value of diamonds has plummeted in past 2 years, warns 77 Diamonds

Both natural and lab grown diamonds have seen a significant reduction in value, according to online jeweller 77 Diamonds. Over…

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