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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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 Mellierโs 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 Beersโ executive director and was responsible for strategy…
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24 MayEconomy
De Beers reports ‘continued stability’ of rough diamond demand
The De Beers Group of Companies has announced the โcontinued stabilityโ of rough diamond demand, following its latest sales cycle. In its fourth sales cycle of 2016 the company reported rough diamond sales of $630m (ยฃ431m) compared with the $666m (ยฃ456m) realised in its third sales cycle earlier this year.…
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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 Holdingsโ diamonds. Namibia will see a significant increase in rough…
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Apr- 2016 -27 AprilEvents
Industry financing to top agenda at World Diamond Congress
โCriticalโ 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…
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26 AprilCurrent Affairs
Petra Diamonds revenue soars 25% in Q3 results
Petra Diamonds has announced its revenue rose 25% to $120.5m (ยฃ82.9m) 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…
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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 (ยฃ465m) compared with the $617m (ยฃ434m) realised in its second sales cycle earlier this year. The company said continued stability in polished diamond prices and…
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6 AprilAuctions
Rare blue diamond sells for ยฃ22.5m
The worldโs largest oval fancy vivid blue diamond to ever go under the hammer has been sold for $31.8m (ยฃ22.5m). The De Beers โMillennium Jewel 4โ was auctioned at the Sothebyโs Magnificent Jewels and Jadeite Spring Sale on 5 April, selling for the highest price ever paid for a jewel…
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Mar- 2016 -15 MarchAuctions
Rare blue diamond could fetch ยฃ24.7m at auction
Sothebyโs is set to auction the worldโs largest oval fancy vivid blue diamond ever to go under the hammer. The De Beers โMillennium Jewel 4โ – set to be auctioned at Sothebyโs Magnificent Jewels and Jadeite Spring Sale on 5 April, 2016 – is expected to sell for between $30m…
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2 MarchEconomy
De Beers says rough diamond demand โis improvingโ
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 (ยฃ435m) worth of rough diamonds, taking into account global…
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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: โOur partnership with IIDGR, part of the De Beers Group of Companies, continues to…
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