Gaborone: In an unprecedented move and a sign of the diamond industry’s deepening crisis, De Beers is letting sightholders put off buying up to 75
Gaborone: De Beers July sight is said to have raked in about $200 million amid the rejection of some goods by sightholders. Rapaport reports that
Gaborone: De Beers’ customers declined to buy about a third of the diamonds offered for sale this week by the world’s biggest producer, according to
Gaborone: De Beers will allow sightholders to defer as much as 25 percent of their supply at next sight, taking place between July 13 &
Gaborone: In a mass email, an anonymous sightholder called on fellow De Beers clients to reject any unprofitable assortments, reports JCKonline. Do “not to take
Gaborone: The De Beers June sight closed with an estimated value of $550 million. Diamond prices were reportedly stable at the sight, while sightholders noted
Gaborone: The De Beers Group of Companies today began its 2015-2018 Global Sightholder Sales (GSS) contract period. In addition to the 84 Sightholders, the company
Gaborone: De Beers February sight closed with an estimated value of $550 million and rough diamond prices declined an estimated 2 percent to 3 percent,
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
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