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Tag "De Beers"

Young Diamantaires Group Launches its Website

Young Diamantaires Group Launches its Website 0

🕔19:39, 6.May 2020

The World Federation of Diamond Bourses is excited to announce the launch of its Young Diamantaires (YDs) website www.ydts.org. The organization has worked for the past four years with young members of the diamond community all over the world to

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As the world economy slows, De Beers cancels its third sale

As the world economy slows, De Beers cancels its third sale 0

🕔15:52, 31.Mar 2020

Diamond companies around the world are being forced to change the way in which they do business as the global Covid-19 pandemic cripples sales, drying up revenue and forcing miners to find new ways to sell diamonds. With the global

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Diamond Sales Collapse as China’s Luxury Shoppers Stay at Home

Diamond Sales Collapse as China’s Luxury Shoppers Stay at Home 0

🕔16:59, 6.Mar 2020

As coronavirus cripples the Chinese economy, hardly anyone there is buying diamonds. Diamond sales in China have collapsed since the outbreak of the virus as shoppers stay home. De Beers, the biggest diamond miner, said sales fell by more than

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De Beers Starts Outlining Plans to Help Its Struggling Buyers

De Beers Starts Outlining Plans to Help Its Struggling Buyers 0

🕔15:15, 2.Mar 2020

After watching diamond sales plunge in 2019 as a crisis engulfed the industry, De Beers is taking action to help its struggling buyers. The middlemen who cut, polish and trade the world’s gems were at the center of a disastrous

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Finestar Diamonds opens manufacturing factory

Finestar Diamonds opens manufacturing factory 0

🕔19:13, 28.Feb 2020

Finestar is a sightholder of De Beers specialising in manufacturing of polished diamonds ranging from one to plus-10 carats in size of all colours and clarities. The factory in Block 3 will cut, polish and manufacture jewellery from the rough

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De Beers to Provide Diamond Grading Services in the US

De Beers to Provide Diamond Grading Services in the US 0

🕔13:37, 6.Feb 2020

De Beers has entered into a collaboration with US wholesaler, RDI Diamonds Inc., to provide grading reports to Rare and Forever™ diamonds from RDI “and assist in various educational activities and sales training”, according to a press release. This, says the

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De Beers Diamond Sales Jump After a Terrible Year for Gems

De Beers Diamond Sales Jump After a Terrible Year for Gems 0

🕔19:53, 30.Jan 2020

De Beers sold the most diamonds since April in a sign the industry is starting to recover from a slump in demand last year, though the market will require more evidence of a sustained rebound. The Anglo American Plc unit

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Diamond mining ‘not destroying the earth,’ says Mouawad jewellery group

Diamond mining ‘not destroying the earth,’ says Mouawad jewellery group 0

🕔17:56, 20.Jan 2020

Mining diamonds may not be as damaging for the environment as lab grown diamond manufacturers may have you think, at least according to Pascal Mouawad, one of three brothers running the fourth generation family business famous for its A-list celebrity

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De Beers’ Last Sales Cycle Of the Year ends on a high note

De Beers’ Last Sales Cycle Of the Year ends on a high note 0

🕔15:35, 24.Dec 2019

Anglo American has announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ 10th sales cycle – the last sale of 2019 – which amounted to $425 million. In the corresponding cycle of 2018, De

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De Beers rough diamond sales tick up

De Beers rough diamond sales tick up 0

🕔16:00, 20.Dec 2019

In its latest rough diamond sales update, De Beers rough diamond sales hit $425 million, up from the $400 million it recorded in the previous cycle. Anglo American, De Beers parent, reported the results Wednesday for its tenth sales cycle

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