ARTICLES RELATING TO DE BEERS

De Beers gem sales keep falling as buyers allowed to say no

2019-08-28 15:25

De Beers’s diamond buyers took the rare opportunity to reject stones from the biggest supplier as the company offered almost unprecedented flexibility to ease a growing crisis.

De Beers diamond sales plunge again

2019-06-25 13:43

De Beers’s diamond sales plunged again at the company’s latest offering, underlining a slump in demand from the miner’s customers who are struggling to make a profit at current prices.

De Beers sales sputter again as cheap diamonds remain unloved

2019-03-05 14:57

De Beers is having the worst start to a year since at least 2016, in the latest sign of difficulties plaguing the global diamond industry.

De Beers will allow buyers to reject cheap diamonds

2018-09-03 22:00

De Beers is allowing its diamond buyers to refuse some lower-quality stones at its sale this week, according to people familiar with the situation.

Botswana president eyes jobs in new 'marriage' with De Beers

2018-05-16 13:09

Botswana’s president, Mokgweetsi Masisi, wants a new long-term diamond-sales pact with De Beers when the current 10-year deal expires in 2020.

De Beers eyes Zimbabwe, DRC after gaining SA permits

2018-02-07 19:57

De Beers may follow its resumption of exploration for diamonds in the Northern Cape by looking for long term opportunities in countries like Zimbabwe and the Democratic Republic of Congo.

De Beers to use tech behind bitcoin to track its diamonds

2018-01-17 10:33

The world’s biggest diamond producer is running a pilot scheme to create a virtual ledger of diamond sales.

De Beers pours cash in diamond ads with biggest spend since '08

2017-08-30 21:36

De Beers is planning to spend more money advertising diamonds than any time in the past decade to win back wealthy shoppers.

Handling diamonds every day in Namibia a 'no-mistake job'

2017-06-23 19:36

Handling diamonds every day in Namibia a 'no-mistake job;' venture seeks to benefit locals

 

De Beers will let buyers reject more diamonds to fend off crisis

2019-08-14 16:34

De Beers will let buyers reject more diamonds at a sale next week as the mining company shows almost unprecedented flexibility to ease a growing crisis.

Retrenchment presented a business opportunity for this tour guide

2019-03-24 13:00

Retrenchment led Grace Masango to start her own business, offering mine tours for tourists and local schools.

De Beers is said to make big cuts in low-end diamond prices

2018-11-13 08:09

De Beers made steep cuts in the prices of low-quality stones at its sale this week, according to people familiar with the situation.

De Beers to start selling laboratory-made diamonds

2018-05-30 07:35

De Beers is moving to sell diamonds made in a lab rather than formed underground over billions of years.

Shrinking gems a headache for diamond industry

2018-02-09 19:11

The diamond industry has a size problem, with shoppers increasingly choosing pieces with several smaller gems which are often lower quality.

De Beers is digging up more diamonds than any time since 2008

2018-01-26 22:00

De Beers mined more diamonds last year than any time since the global financial crisis of 2008.

Natural resources must be shared

2017-09-24 06:26

Approximately 31 companies, with a combined market capitalisation of R578bn on August 31 last year, control almost 80% of the South African mining market, writes Christopher Rutledge.

De Beers said to hire leak hunter to probe gem data breach

2017-09-14 13:55

The world’s biggest diamond producer has hired an external investigator to find the source of possible leaks of its most sensitive price data.

De Beers Botswana targets highest diamond production since 2014

2017-07-31 13:45

De Beers says its unit in Botswana is on track to produce the most since 2014 this year, exceeding its annual production forecast.

De Beers launches diamond exploration vessel off Namibia

2017-06-15 20:00

Namibia and the De Beers company have launched what the diamond producer calls the world's largest diamond exploration vessel.

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