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 Beers’ 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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Apr- 2017 -5 AprilManufacturers
De Beers sees £465m in rough diamond sales
De Beers has seen its rough diamond sales rise to $580m (£465m) in its third sales cycle of the year. The mining group’s sales grew 5% from the revised figure of $553m (£443m) in the second cycle, but was 13% lower than last year’s 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 ‘Biodiversity and Social Responsibility’. The judges of the awards board described De Beers as being “best-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 LVMH’s 50% shareholding in De Beers Diamond Jewellers, to take full ownership of the company. The De Beers Diamond Jewellers’ 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 Kué, the world’s 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 “good demand” for rough diamonds in its second sales cycle of the year. Provisional sales for the company’s second sales cycle of 2017 stood at $545m (£438m), although this was down on its first sales cycle of the year which sold rough…
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20 FebruaryDesigners
Forevermark passes 2,000 retail doors
Forevermark, the diamond brand from The De Beers Group of Companies, today announced it has passed 2,000 retail doors globally. The announcement follows the opening of the Zen Diamond Anatolium store in the city of Bursa in Turkey, with the brand saying the milestone consolidates its position as “one of…
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6 FebruaryEconomy
Polished diamond prices slide in January
The price of polished diamonds fell in January despite a buoyant rough market, according to the latest RapNet Diamond Index from the Rapaport Group. Rapaport said polished trading was cautious after a disappointed holiday sales period for jewellery in the US, while the rough market was driven by expectations that…
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Jan- 2017 -26 JanuaryEconomy
De Beers reports ‘good demand’ for rough diamonds
The De Beers Group of Companies has reported “good demand” for rough diamonds as sales jumped in the company’s first sales cycle of the year. Provisional sales, which includes global sightholder sales and auctions, stood at $720m (£573m) in its first of 10 sales cycles throughout the year. This was…
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18 JanuaryManufacturers
Diamond sector ‘must work together’, says De Beers chief
Bruce Cleaver – chief executive of diamond mining company De Beers – has called for greater collaboration within the diamond industry. Speaking at a reception for customers of its Global Sightholder Sales business on 17 January, Cleaver highlighted the importance of all parts of the diamond sector working together following…
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Dec- 2016 -13 DecemberCurrent Affairs
De Beers rough diamond sales ‘significantly higher’ than last year
De Beers has reported “significantly higher” sales of rough diamonds in its tenth sales cycle of the year, when compared with last year. Provisional sales including global sightholder sales and auction sales stood at $418m (£328m). This was up from the $248m (£195m) recorded last year, although is slightly down…
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