
De Beers’ Profits Shoot Up-Revenue Also Increases
Gaborone: De Beers’ revenue and profits – reported as part of Anglo American’s preliminary financial results for 2016 announced yesterday – both showed an upward

Gaborone: De Beers’ revenue and profits – reported as part of Anglo American’s preliminary financial results for 2016 announced yesterday – both showed an upward

Singapore: The International Institute of Diamond Grading & Research (IIDGR), part of The De Beers Group of Companies, yesterday announced that it has established its

Gaborone: De Beers will keep its diamond exploration budget steady at $35 million in 2017, the company said, while turning to new technology to improve

London: De Beers Diamond Jewelers on Old Bond Street is considering leaving its flagship London store after almost 15 years, citing an increase in rent

Gaborone: De Beers’ rough diamond production leaped 10 percent to 7.8 million carats during the fourth quarter of 2016 compared with 7.1 million carats, a

Gaborone: De Beers rough-diamond sales jumped 32 percent year on year to $720 million during its first sales cycle of 2017 as manufacturers restocked following

Gaborone: The De Beers Group of Companies yesterday announced that its Auction Sales business is to begin piloting fixed-price forward contracts. These contracts will offer

Gaborone: Speaking at a reception for customers of its Global Sightholder Sales business during the first Sight of 2017, Bruce Cleaver, De Beers Group CEO,

London: Lab-grown red diamonds with an atomic defect could one day replace GPS systems thanks to their remarkable sensitivity to magnetic waves, according to scientists

Gaborone: After the publication of De Beers’ 2014 the diamond company identified new global and regional trends which involve changes in macro-economic trends in emerging
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