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.
-
May- 2016 -27 MayAppointments
Bruce Cleaver named CEO of De Beers Group
De Beers Group as announced the appointment of Bruce Cleaver as CEO, following Philippe Mellier’s decision to step down from the role after five years with the company. Cleaver – who will begin his role on 1 July – serviced as De Beers’ executive director and was responsible for strategy…
Read More » -
24 MayEconomy
De Beers reports ‘continued stability’ of rough diamond demand
The De Beers Group of Companies has announced the “continued stability” of rough diamond demand, following its latest sales cycle. In its fourth sales cycle of 2016 the company reported rough diamond sales of $630m (£431m) compared with the $666m (£456m) realised in its third sales cycle earlier this year.…
Read More » -
17 MayCurrent Affairs
De Beers and Namibia sign long-term sales agreement
The Government of the Republic of Namibia and the De Beers Group of Companies has signed a 10-year sales agreement. The agreement – the longest-ever signed between the two partners – will include the sorting, valuing and sales of Namdeb Holdings’ diamonds. Namibia will see a significant increase in rough…
Read More » -
Apr- 2016 -27 AprilEvents
Industry financing to top agenda at World Diamond Congress
“Critical” information on financing for the diamond industry will be at the top of the agenda at the 37th World Diamond Congress to be held in Dubai on 16-19 May. The biennial meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) will have…
Read More » -
26 AprilCurrent Affairs
Petra Diamonds revenue soars 25% in Q3 results
Petra Diamonds has announced its revenue rose 25% to $120.5m (£82.9m) in the third quarter (Q3) of the 2016 financial year, when compared with the same period in 2015. In its latest trading update for the period from 1 January to 31 March, Petra said its revenue was pushed up…
Read More » -
12 AprilEconomy
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 rough diamond sales of $660m (£465m) compared with the $617m (£434m) realised in its second sales cycle earlier this year. The company said continued stability in polished diamond prices and…
Read More » -
6 AprilAuctions
Rare blue diamond sells for £22.5m
The world’s largest oval fancy vivid blue diamond to ever go under the hammer has been sold for $31.8m (£22.5m). The De Beers ‘Millennium Jewel 4’ was auctioned at the Sotheby’s Magnificent Jewels and Jadeite Spring Sale on 5 April, selling for the highest price ever paid for a jewel…
Read More » -
Mar- 2016 -15 MarchAuctions
Rare blue diamond could fetch £24.7m at auction
Sotheby’s is set to auction the world’s largest oval fancy vivid blue diamond ever to go under the hammer. The De Beers ‘Millennium Jewel 4’ – set to be auctioned at Sotheby’s Magnificent Jewels and Jadeite Spring Sale on 5 April, 2016 – is expected to sell for between $30m…
Read More » -
2 MarchEconomy
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 sales cycle of 2016. According to its preliminary report for the second sales cycle of the year, the company sold $610m (£435m) worth of rough diamonds, taking into account global…
Read More » -
1 MarchTrade Organisations
London Diamond Bourse launches new IIDGR window service
The London Diamond Bourse (LDB) today launched a new window service which will enable members diamonds to be sent to the IIDGR Lab in Maidenhead for grading or screening. LDB chief operating officer Victoria McKay said: “Our partnership with IIDGR, part of the De Beers Group of Companies, continues to…
Read More »
