De Beers has strengthened its ties with Angola in a move aimed at increasing the country’s diamond production. It has signed a memorandum of understanding (MoU) with Angola’s National Mineral Resource Agency, and its state-owned mining and trading companies – Endiama and Sodiam – that is also designed to support the alluvial mining sector and […]

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De Beers yesterday reported $540m of rough sales during Cycle 3, boosted by “encouraging positive trends” in consumer demand, especially in China. The provisional figure is 8.5 per cent higher than Cycle 2, but 4.5 per cent lower than Cycle 3 of 2022. Last month De Beers announced a drop of 24 per cent in […]

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De Beers posted a 22% year-on-year jump in rough diamond sales to $410 million, at its 10th sight, which included global sightholder sales and auctions. Sales were 9.6% below the preceding 9th Sight of 2022. Bruce Cleaver, CEO, De Beers Group, said: “Demand for our rough diamonds over the final sales cycle of 2022 was […]

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 De Beers today reported $650m of rough sales at its first sight of 2021 – the highest figure for three years. It reflects a need for the midstream to restock, coupled with a more flexible approach by the miner and a sight that was extended beyond its normal week because of ongoing travel restrictions. The […]

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Consumers have been making more “meaningful” jewelry purchases during the lockdown, according to research by De Beers. Spending more time with family, and less time commuting, has shifted the focus from towards pieces that represent feelings of love and connection, rather than fun or practicality. Almost half (45%) of those surveyed in the company’s monthly […]

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At Tholasi Jewels, Forevermark had created a special black room enclosure where a Forevermark diamond was on display. A special laser light passed through the centre of this diamond displaying its brilliance Tholasi Jewels, one of the most trusted jewellers and strong believers of innovation have partnered with Forevermark, the diamond brand from the De […]

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De Beers Group announced that Nancy Liu will become the new Forevermark CEO, stepping up from her current role as COO and taking over the day to day responsibility for the diamond brand. Stephen Lussier will continue to oversee the strategic role Forevermark plays within the Group brand portfolio as Forevermark Chairman. “This is a […]

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Feriel Zerouki, Senior Vice President of International Relations and Ethical Initiatives, De Beers Group is the recipient of the 2019 Initiatives in Art and Culture Award for Leadership in Responsible Practice in Jewelry, Initiatives in Art and Culture (IAC) announced. With the award, Zerouki is recognized “for elevating the conversation internationally on sustainability through the […]

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The De Beers Group has concluded the first phase of its Enterprise Development Project for Diamond Beneficiation pilot project. Five black South African-owned diamond and cutting companies graduating from their entrepreneurial development programme. The three-year programme, facilitated by De Beers Sightholder Sales South Africa (DBSSSA) in partnership with business incubation experts Raizcorp, included formal, curriculum-based […]

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De Beers has appointed Nompumelelo (Mpumi) Zikalala as Managing Director of De Beers Group Managed Operations, the company that comes instead of De Beer Consolidated Mines (DBCM). Mpumi, currently Deputy Chief Executive Officer at DBCM will take responsibility for the restructured entity that includes the Venetia Mine (South Africa), the Gahcho Kué Mine (Canada) and […]

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