
De Beers Revenue Slips in 2017
Gaborone: De Beers’ total revenue declined by 4% to $5.8 billion (2016: $6.1 billion) – as expected, given the benefit of strong midstream restocking in

Gaborone: De Beers’ total revenue declined by 4% to $5.8 billion (2016: $6.1 billion) – as expected, given the benefit of strong midstream restocking in

Harare: Zimbabwe appears ready to consider applications from companies mining platinum or diamonds to be exempt from a requirement that they be at least 51%
Windhoek: Namdeb Holdings, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, yesterday announced it is to seek

Gaborone: De Beers sold rough diamonds with a provisional value of $665 million in the first sales cycle (Global Sightholder Sales and Auction Sales) of

By Neil Ventura As we get up every morning, look in the mirror and see the same face looking back at us, it may be

Gaborone: De Beers reported a five percent rise in rough diamond production for the fourth quarter of 2017 to 8.1 million carats, reflecting stronger trading

London: De Beers Group has announced it is progressing development of the first blockchain technology initiative to span the diamond value chain and provide a

Antwerp: The Antwerp World Diamond Centre (AWDC), representing the largest diamond trade hub worldwide, and diamond mining company De Beers announced they are discussing a

Gaborone: Anglo American said De Beers raked in $450 million from its tenth sales cycle of the year compared with $422 million, a year earlier.

De Beers Group announced that its Auction Sales business is to transition Fixed-Price Forward Contracts to core business status, following the success of the pilot
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