De Beers
De Beers is one of the most influential names in the global diamond industry, shaping supply, pricing, and consumer demand through its mining operations and branding initiatives. For UK jewellery professionals, staying informed about De Beersโ activities is crucial to understanding market dynamics and trade opportunities. Jewellery Focus delivers comprehensive coverage of De Beers, including business updates, production reports, ethical sourcing initiatives, marketing campaigns, and their impact on the UK jewellery sector.
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Jun- 2017 -5 JuneCurrent Affairs
American diamond demand drives global sales
American diamond jewellery demand has reached a record high of $41bn (ยฃ32bn), according to data published by De Beers Group. The US consumer demanded exceeded $40bn for the first time in 2016 with a 4.4% increase. America has recorded five years of consecutive growth in the diamond industry, and its…
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May- 2017 -25 MayCurrent Affairs
Forevermark inscribes its two millionth diamond
The De Beers groupโs Forevermark brand has inscribed its two-millionth diamond. The 3.48 round brilliant that marked the threshold also bears a unique โ2,000,000โ inscription to acknowledge its significance. The diamond was mined, cut and polished in Namibia and inscribed at the Forevermark Diamond Institute in Surat, India. It will…
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18 MayAuctions
De Beers to auction own polished diamonds for first time
De Beers has announced that it will auction polished diamonds manufactured from its own rough at its auction sales business for the first time in its history. It is piloting the sales of polished diamonds accompanied by its grading business, the International Institute of Diamond Grading & Research (IIDGR) and…
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9 MayCurrent Affairs
De Beers aims to make mines carbon-neutral
De Beers is aiming to make some of its mines carbon-neutral within the next five to 10 years. The mining company said it is devising a method for storing carbon dioxide in kimberlite rocks. It will look at how to speed up the naturally occurring process of kimberlite reacting with…
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2 MayTrade Organisations
IIDGR launches first diamond detection course
The International Institute of Diamond Grading and Research (IIDGR) has announced the launch of a world-first Synthetic Diamond Detection course. Theย program run by the Institute, which is part of De Beers, will be a two-day lab course. It will be unveiled at the end of the JCK trade in Las…
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Apr- 2017 -5 AprilManufacturers
De Beers sees ยฃ465m in rough diamond sales
De Beers has seen its rough diamond sales rise to $580m (ยฃ465m) in its third sales cycle of the year. The mining groupโs sales grew 5% from the revised figure of $553m (ยฃ443m) in the second cycle, but was 13% lower than last yearโs March sale. According to Rapaport, De…
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Mar- 2017 -31 MarchManufacturers
De Beers awarded for its ecological efforts
Diamond mining firm, the De Beers Group, has gained recognition for its ecological approach to its mining activities. Its mining operation, De Beers Consolidated Mines, was awarded with the Wildlife Ranching SA Award for โBiodiversity and Social Responsibilityโ. The judges of the awards board described De Beers as being โbest-class…
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21 MarchRetailers
De Beers Group takes full ownership of eponymous retail brand
The De Beers Group has concluded the acquisition of LVMHโs 50% shareholding in De Beers Diamond Jewellers, to take full ownership of the company. The De Beers Diamond Jewellersโ retail chain comprises 32 stores in 17 consumer markets around the world, including a growing business in greater China, an established…
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3 MarchInternational
De Beers starts production at world’s largest new diamond mine
Gahcho Kuรฉ, the worldโs largest new diamond mine in the last 13 years, has officially begun commercial production. The mine, a joint venture with De Beers Group (51%) and Mountain Province Diamonds (49%), is expected to produce approximately 54 million carats of rough diamonds over its lifetime. Production ramp up…
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Feb- 2017 -28 FebruaryEconomy
De Beers reports ‘good demand’ in second sales cycle of 2017
The De Beers Group of Companies has reported โgood demandโ for rough diamonds in its second sales cycle of the year. Provisional sales for the companyโs second sales cycle of 2017 stood at $545m (ยฃ438m), although this was down on its first sales cycle of the year which sold rough…
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