Diamond

International diamond group De Beers remains optimistic about its rough diamonds sales, as the year comes to an end. “As the industry’s focus turns towards the key end of year retail selling season, rough diamond sales continued to be in line with expectation during the ninth cycle of the year. …

De Beers has announced that rough diamond production for the second quarter of the year, increased three per cent to 9.0 million carats, reflecting production increases to meet stronger demand as well as the contribution from the ramp-up at Gahcho Kué. In Botswana, the group’s company Debswana’s production increased six …

Interim figures for De Beers rough diamond sales for cycle four of 2018 showed an increase of US$550 million (N$7 billion). The figures are from Global sightholder sales and auction sales show that the sales value for the third cycle of 2018 stood at US$524 million (N$6,62 billion), slightly lower …

Signet Jewelers, the world’s largest retailer of diamond jewellery, will become the first retailer to join its pilot programme TracrTM, the end-to-end diamond blockchain being developed by De Beers Group in collaboration with the diamond industry. The company joins the growing list of industry leaders trialing the platform during its …

De Beers Group’s diamond brand Forevermark has launched Libert’aimeTM , a new flagship store at HKRI Taikoo Hui in Shanghai, China. The opening marks the 1,000th Forevermark store in China, and comes as the brand celebrates its 10-year anniversary in the country. Created to celebrate the spirit of a new generation …

International diamond miner De Beers has reported that Global consumer demand for diamond jewellery hit a new all-time high in 2017, climbing to US$82 billion, a two percent increase on the previous year. According to industry insight data published from De Beers Group the US was the main driver of …

International diamond group De Beers has reported total production increased by 15 percent to 8,5 million carats during the first quarter of this year. This rise in output was largely credited to the ramp-up in production at the Gahcho Kué project in Canada, and greater production at the Orapa operation …

De Beers’ rough diamond production for the first quarter of 2018 increased 15 percent to 8.5 million carats, reflecting the ramp-up of production from Gahcho Kué in Canada, which reached nameplate capacity in Q2 2017, and increased production from Orapa in Botswana in response to the sustained healthy trading conditions. …

International diamond miner De Beers Group has announced intentions to pilot a programme called GemFair, to create a secure and transparent route to market ethically-sourced artisanal and small-scale mined (ASM) diamonds. The scheme GemFair will use dedicated technology to record ASM production at mine sites that meet demonstrable ethical standards, …

British junior miner Firestone Diamonds has agreed to extend the option period granted to Amulet Diamond Corporation (Amulet) to purchase Firestone’s BK11 asset until 31 December 2018. BK11 is a diamond asset in Botswana, currently on care and maintenance. Amulet is funding the construction and operation of a bulk sampling …