De Beers

De Beers production declines 3% in Q4 but guidance remains unchanged

De Beers’ rough diamond production has decreased by 3% to 7.9 million carats in Q4 2023, primarily due to the…

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De Beers reports first rough diamond sales of $370m

The De Beers Group has reported that its rough diamond sales for its first sales cycle amounted to $370m (£292.8m)…

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François Delage appointed to GIA board of governors

The board of governors of the Gemological Institute of America (GIA) has appointed François Delage as its newest member on…

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De Beers reduces diamond prices by 10% to improve demand

De Beers has reportedly cut its diamond prices by 10% to increase demand and revive gem sales, Bloomberg has reported.…

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De Beers unveils changes to executive committee

De Beers Group has announced that David Prager, executive vice president and chief brand officer, and Ryan Perry, acting executive…

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Petra Diamonds chair steps down

Petra Diamonds has announced that chairman Peter Hill, CBE, has stepped down from his role following the conclusion of its…

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De Beers production declines 23% in Q3

De Beers Group has recorded a 23% decrease in production to 7.4 million carats in the third quarter. The company…

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Sandrine Conseiller appointed CEO of De Beers Brands

De Beers Group has announced the appointment of Sandrine Conseiller as CEO, De Beers Brands. Conseiller’s appointment follows Marc Jacheet’s…

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Lightbox shuts down bridal jewellery experiment

De Beers Group’s lab created jewellery brand Lightbox has confirmed that it has concluded its engagement ring trial. Through the…

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De Beers sees revenues drop to $2.8bn in H1

De Beers has revealed that its total revenue decreased to $2.8bn (£2.19bn), with rough diamond sales decreasing to $2.5bn (£1.96bn),…

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