De Beers is resuming its rough diamond auctions next week for the first time since last September. The UK-based miner cancelled the online sales during its 9th and 10th sales cycles as demand slumped globally. Al Cook, CEO, said at the time that De Beers was suspending the auctions to help “re-establish equilibrium between wholesale […]

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Diamond mining major De Beers reported a decline in revenues in the first half of 2023, amidst the ongoing macro-economic headwinds and a substantial inventory build-up in the midstream. The company’s total revenue for the six months that ended 30th June 2023 decreased 22% year-on-year to $2.8 billion, with rough diamond sales decreasing 24% to […]

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De Beers Forevermark launched its collections at the Jammu-based jeweller Fortofino’s Channi Himmat store, in the presence of Bollywood actress Juhi Chawla. The brands also celebrated the one-year anniversary of their store at Talab Tillo. Amit Pratihari, Vice President, De Beers Forevermark, said, “The store at Talab Tillo has been doing well over the past […]

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De Beers Group said recently that it has “stepped up” its preventive measures by testing site-based staff for COVID-19 at Gahcho Kué Mine and Snap Lake site. This step was taken in support of government and community efforts to stop the spread of the coronavirus in the Northwest Territories. “Effective May 24, tests are being […]

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