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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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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De Beers sold rough diamonds with a provisional value of $440 million in the ninth sales cycle (Global Sightholder Sales and Auction Sales) of 2018. The sales figure is the lowest sales figure reported by the miner so far this year and the second consecutive sale below the $500 million mark. The miner reported confirmed […]

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De Beers Group today announced the launch of a new company called Lightbox Jewelry that will begin marketing a new brand of laboratory-grown diamond jewelry under the Lightbox name in September, offering consumers high-quality, fashion jewelry designs at lower prices than existing lab-grown diamond offerings. Lightbox lab-grown diamonds will retail from US$200 for a quarter-carat […]

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