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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Apr- 2023 -19 AprilManufacturers
De Beers unveils modern tiara ahead of King Charles III coronation
De Beers has unveiled a new tiara ahead of the Coronation of King Charles III, reinterpreting the traditional jewellery piece into a contemporary one. Crafted in coloured titanium and platinum, the tiara is set with over 40 carats of “extraordinary” natural diamonds discovered by De Beers. De Beers said that…
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17 AprilManufacturers
De Beers sales โin line with expectationsโ
De Beers has posted $540m (ยฃ437m) worth of diamond sales for the period between 27 March 2023 and 11 April 2023. This number is a decrease year-on-year, for the same period in 2022 De Beers saw a sales value of $566m (ยฃ458m). This number for cycle three is up from…
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Mar- 2023 -13 MarchAppointments
Opsydia appoints new sales and marketing director
Diamond and gemstone security specialist, Opsydia, has appointed Jimmy Gove to the position of sales and marketing director, effective immediately. Opsydia is recognised for its technology that places unique identifiers on and beneath the surface of gemstones to secure their identity. Gove brings to Opsydia more than a decade of…
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Feb- 2023 -27 FebruaryNews
De Beers sees demand fall in 2022 despite rising revenues
De Beers has announced that it saw a negative demand growth in 2022 as a result of increased Covid restrictions in China from Q2 onwards. A weaker economic outlook in the second half of the year caused a build-up of midstream polished diamond inventories, pushing down prices and causing negative…
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Jan- 2023 -19 JanuaryManufacturers
Element Six appoints new CEO
The De Beers Group has announced the appointment of Siobhan Duffy as CEO of Element Six. Duffy will take up the role on 1 February and has been promoted from executive director for sales and marketing. She will also join the De Beers group executive committee. She has more than…
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Nov- 2022 -3 NovemberAppointments
The Goldsmithsโ Craft & Design Council appoints new chair
The Goldsmithsโ Craft and Design Council (GC&DC) has named Anne-Marie Reeves as its new chairperson for the next two years, as Peter Crump retires from the role after an extended three-year tenure. In her new role, Reeves appointed fellow GC&DC member and trustee John Ball as vice chair for the…
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Oct- 2022 -18 OctoberAppointments
De Beers Group bolsters executive committee
De Beers Group has announced new appointments to its Group Executive Committee (ExCo) following a number of internal promotions, with Riaan Burger, Rasila Vaghjiani, Malebogo Mpugwa and Ryan Perry joining the ExCo. Burger joins the ExCo as CEO of Namdeb, while Vaghjiani is promoted from her role as senior vice…
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10 OctoberAppointments
De Beers Group names new CEO
De Beers Group has announced that its chief executive officer (CEO), Bruce Cleaver, will be succeeded by Al Cook, effective early next year. Cleaver will become co-chairman of De Beers Group, alongside De Beers Group chairman and Anglo American chief executive Duncan Wanblad. Overall, Cook brings over 25 years of…
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7 OctoberEconomy
De Beers Group venture appoints new CEO
Debmarine Namibia, the diamond recovery joint venture owned in equal shares by the Government of the Republic of Namibia and De Beers Group, announced the appointment of Willy Mertens as its new chief executive officer, with effect from 1 November 2022. Mertens will succeed Otto Shikongo, who retires from the…
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5 OctoberManufacturers
De Beers diamond sales drop 21% in Cycle 8
De Beers Group has announced its rough diamond sales dropped 21.6% to $500m (ยฃ439.3m) in the eighth sales cycle of 2022, compared to $638m (ยฃ560.5m) in Cycle 7 2022. However, sales are up 1.6% year-on-year, compared to $492m (ยฃ432.9m) in Cycle 8 2021. De Beers said that it continues to…
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