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.
-
Jun- 2025 -5 JuneAppointments
Responsible Jewellery Council elects new board members
The Responsible Jewellery Council has elected seven new and returning members to its board of directors following recent elections for the 2025 term. Purvi Shah from De Beers Group and Gaetano Cavalieri from CIBJO were re-elected to represent the producer and trade association forums respectively. Meanwhile, Antonio Samaniego of Minera…
Read More » -
May- 2025 -8 MayManufacturers
De Beers to close lab-grown diamond brand
De Beers Group has announced its intention to close its lab-grown diamond jewellery brand, Lightbox, marking its commitment to natural diamonds. As part of the closure process, De Beers Group is discussing the sale of certain assets, including inventory, with potential buyers. The business was launched with transparent linear pricing…
Read More » -
1 MayManufacturers
De Beers Auctions resumes operations after Botswana relocation
De Beers Group has announced that its Auctions business has resumed operations following the successful relocation of the businessโs headquarters from Singapore to Gaborone, Botswana.ย The completion of this relocation unites De Beers Groupโs global diamond trading activities in Gaborone, enhancing โoperational efficiency and supporting Botswanaโs position as a major…
Read More » -
Apr- 2025 -28 AprilManufacturers
De Beers rough diamond production falls 11% in Q1
The De Beers Group has reported its rough diamond production in Q1 2025 decreased by 11% to 6.1 million carats, reflecting the continued production response to the prolonged period of lower demand. In Botswana, production decreased by 8% to 4.6 million carats, as a result of the planned actions to…
Read More » -
23 AprilRetailers
Tasaki opens permanent counter at Selfridges
Japanese jewellery maison Tasaki has announced the opening of its permanent counter at Selfridges’ Wonder Room in London. This new permanent presence at Selfridges follows the success of Tasaki’s 70th Anniversary Floating Shell Exhibition pop-up, which was held at the department store from November 2024 to February 2025. The Selfridges…
Read More » -
7 AprilTrade Organisations
Natural Diamond Council launches The Diamond Learning Centre
The Natural Diamond Council has announced the launch of the not-for-profit, free Diamond Learning Center, a website aiming to engage jewellery salespeople at scale. The new offering aims to allow salespeople to be better informed and able to confidently and clearly distinguish the value propositions across natural diamonds, laboratory-grown diamonds,…
Read More » -
4 AprilNews
Diamond prices continue to recover in March
The diamond market has shown further signs of recovery in March, driven by low, stable inventories, according to Rapaportโs RapNet Diamond Index. The price stabilisation trend that began in mid-February expanded to a wider range of categories, with price increases in round, 0.30- to 1.99-carat, D to G, IF to…
Read More » -
Feb- 2025 -25 FebruaryManufacturers
Republic of Botswana and De Beers Group confirm diamond partnership
The Government of the Republic of Botswana and De Beers Group have announced that the two partners have now signed the formal new agreements for the 50:50 Debswana mining joint venture. The parties have agreed a 10-year Sales Agreement, which may be extended by a further five years, and a…
Read More » -
24 FebruaryManufacturers
De Beers launches DiamondProof in stores
De Beers has announced the launch of its diamond verification device, DiamondProof, in select retail stores. The device, which can distinguish natural diamonds from non-natural diamonds, will also be available in a number of independent retail outlets. The first DiamondProof prototype instrument was unveiled at the JCK show in Las…
Read More » -
21 FebruaryManufacturers
De Beers revenues plummet 23% in FY24
De Beers has reported a 23% reduction in total revenues to $3.3bn (ยฃ2.61bn) year-on-year, primarily due to a 25% reduction in rough diamond sales to $2.7 billion (ยฃ2.13bn). The consequential impact of lower sales volumes, a lower average price index and higher unit costs resulted in an underlying EBITDA of…
Read More »
