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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Dec- 2016 -8 DecemberInternational
De Beers unveils £3.9m expansion of its Surat diamond grading centre
De Beers, the world’s largest diamond mining company, has unveiled an expansion at its Surat diamond grading and testing centre. The $5m (£3.9m) expansion plan at its International Institute of Diamond Grading and Research (IIDGR) – part of the De Beers Group of Companies – follows the group’s initial $10m…
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Nov- 2016 -15 NovemberEconomy
De Beers reports ‘good demand’ in ninth sales cycle
The De Beers Group of Companies has reported ‘continued good demand’ for rough diamonds for the ninth sales cycle of the year. Provisional sales for the company’s ninth sales cycle of 2016 stood at $470m (£378m). This was down from the $494m (£398m) raised in De Beers’ eighth sales cycle,…
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2 NovemberCurrent Affairs
Diamond prices decline in October
Diamond markets were quiet in October with wholesale businesses closing for the respective Chinese, Jewish and Indian holidays. The latest RapNet Diamond Index (RAPI) from the Rapaport Group also found trading slowed as larger US holiday orders were already filled and dealers shifted to accommodate specific requirements from their retail…
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Oct- 2016 -4 OctoberEconomy
De Beers’ rough diamond sales ‘ahead of expectations’
The De Beers Group of Companies has reported that sales of rough diamonds were “ahead of expectations” in its eighth sales cycle of the year. Provisional sales for the company’s eighth sales cycle of 2016 stood at $485m (£379m). This was down on the $639m (£500m) raised in its seventh…
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Sep- 2016 -21 SeptemberManufacturers
World’s largest new diamond mine opens
The world’s largest new diamond mine to open in 13 years, Gahcho Kué, was officially unveiled yesterday (Tuesday, 20 September). The mine, a joint venture venture with the De Beers Group of Companies (51%) and Mountain Province Diamonds (49%), is expected to product around 54 million carats of rough diamonds…
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21 SeptemberManufacturers
Forevermark announces completion of brand refresh
Forevermark, the diamond brand from De Beers Group of Companies, has completed a refresh of its global brand identity. Teaming up with marketing agency Pope Wainwright & Wykes (PWW), the new brand identity has been designed to be “digestible and accessible” for global markets and has injected increased “clarity and…
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14 SeptemberEconomy
Millennials spent $25bn on diamond jewellery in 2015, says De Beers
Millennials spent more than US$25 billion on diamond jewellery in 2015 in the four largest consumer markets, acquiring more than any other generation, according to The Diamond Insight Report 2016, published today by The De Beers Group of Companies. Despite millennials (those aged 15-34 in 2015) facing more financial challenges…
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Aug- 2016 -9 AugustTrade Organisations
De Beers partners with NAJ to launch new diamond grading service
The National Association of Jewellers (NAJ) has announced a partnership with De Beers’ diamond grading service in the UK. The service – a partnership between NAJ and the International Institute of Diamond Grading & Research (IIDGR), part of the De Beers Group of Companies – will see NAJ members benefit…
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Jul- 2016 -11 JulyManufacturers
De Beers CEO highlights importance of partnerships
The new chief executive officer of De Beers, Bruce Cleaver, has highlighted the importance of relationships with the company’s partners, saying they are the “cornerstone of the business”. In a blog for the company’s website, Cleaver, who was recently appointed to the position, said: “De Beers holds a unique position…
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Jun- 2016 -28 JuneEconomy
Rough diamond demand stable in fifth sales cycle, says De Beers
The De Beers Group of Companies has announced rough diamond demand is stable in its latest sales cycle. Provisional sales for the company’s fifth sales cycle of 2016 stood at $560m (£420m). This was down on the $636m (£473m) raised in its fourth sales cycle of the year, but De…
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