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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May- 2015 -26 MayEvents
Profitability and finance top of WFDB meeting agenda
Industry financing and falling profitability will be the leading topics at the World Federation of Diamond Bourses (WFDB) presidents’ meeting next month. The meeting, which will take place in Tel Aviv from June 14 to 16, will be led by WFDB president Ernie Blom, while De Beers group CEO Philippe…
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Apr- 2015 -21 AprilEvents
‘Perfect’ 100-carat diamond could sell for $25m at auction
A ‘flawless’ 100-carat diamond is expected to fetch between $19m (£12.7m) and $25m (£16.7m) at a Sotheby’s auction in New York. The diamond has been described as ‘perfect’ and joins an elite group of just five comparable-quality diamonds over 100 carats to have ever been sold at auction worldwide. The…
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Mar- 2015 -26 MarchEconomy
Record $81bn diamond jewellery demand in 2014
Global demand for diamond jewellery hit $81 billion in 2014, a 3% increase compared with the previous year and a record high. This is according to new industry insight data published today by The De Beers Group of Companies. The data showed there was positive growth in consumer demand for…
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4 MarchEvents
GIA and De Beers to discuss synthetics at Basel
Researchers from the Gemological Institute of America (GIA) and De Beers will discuss ‘concerns’ over synthetic diamonds at GIA GemFest at Baselworld, March 22. GIA said that technology for creating synthetic diamonds has “improved significantly” over the last decade and, as a result, gem-quality synthetic diamonds have appeared in greater…
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Feb- 2015 -16 FebruaryInternational
De Beers profits shine with 36% increase
The De Beers Group of Companies, itself a subsidiary of mining firm Anglo American, has reported a 36% increase in operating profits for 2014, rising to $1.4bn (around £910m) compared with the previous year. Anglo American said in a statement that the increase was due primarily to “solid demand” across key…
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10 FebruaryUncategorized
COMMENT: You cannot overstate the importance of confidence in diamonds
This week the great and good of the jewellery industry descended on Antwerp for the annual Diamond Trade Fair. This event is a hugely influential spectacle, attracting representatives from the world’s top firms who trade up to 80% of the world’s rough diamonds. The impact of decisions made here reverberate throughout the…
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Sep- 2014 -17 SeptemberEconomy
Global diamond demand reaches record levels, says De Beers
Global demand for diamond jewellery reached a record high of $79bn (£48bn) in 2013, according to the inaugural Diamond Insight Report published today by De Beers. However the report claims that “substantial investment will be required in diamond production, technology, and branding, marketing and retail standards” if the industry is…
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Jul- 2014 -14 JulyManufacturers
De Beers to introduce Forevermark in UK and Ireland
Forevermark, the diamond brand from The De Beers Group of Companies has announced it will be expanding into the UK and Ireland this Autumn, making the region the first in Western Europe to sell the brand. Crossworks Manufacturing has been appointed as the only licensee partner and will be working with…
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Jun- 2014 -3 JuneAppointments
De Beers awards $37m technology contract to BT
BT has won a significant new contract with The De Beers Group of Companies. The six-year agreement, worth $37m, sees BT orchestrate a wide range of IT services across 70 De Beers Group sites, including exploration and mining locations across the world. Established in 1888, De Beers’ diamond exploration, mining…
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Apr- 2014 -29 AprilManufacturers
De Beers’ Forevermark inscribes its millionth diamond
De Beers diamond brand Forevermark has announced that it has inscribed its one millionth stone at the Forevermark Diamond Institute in Antwerp. Stephen Lussier, Forevermark CEO, said: “This is a significant day in Forevermark’s young history. Inscribing 1,000,000 Forevermark diamonds in the six years since launch is a huge achievement…
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