Gaborone: The De Beers Group is set to invest around $3billion over the next 10 years on its diamond mining operations. Fin24 reports that the
Gaborone: De Beers said that diamond prices, which had been weak since the fourth quarter of last year, will recover from the second quarter of
Gaborone: Mining giant Anglo American risks a downgrade to “junk” status as it faces billions of dollars of writedowns and plunging profits as commodity prices
Mumbai: De Beers is optimistic about an increase in demand for diamonds in India and US in 2015 following the downwardly trending oil prices. It
Gaborone: De Beers is said to have earned about $450 million from its first sight of 2015, which ended recently in Botswana. Rapaport cited unnamed
New York: Diamond buyers are allegedly “scared stiff” of De Beers’ power as prices the company demands for rough stones were beyond their reach. Bloomberg
Gaborone: The De Beers Group of Companies yesterday announced the 2015 Forward Contract Sales (FCS) programme for its Auction Sales business. As a result of
Gaborone: Addressing a Sightholder reception yesterday, during the first De Beers Sight of 2015, Philippe Mellier, Chief Executive, De Beers Group, said that maintaining success
New York: Mr. Philippe Mellier, Chief Executive, De Beers Group, welcomed Forevermark partners during a private cocktail event in New York addressing the challenges and
Two major developments took place in the global diamond industry within a span of two days during the month of December 2014. Firstly, on 10th
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