De Beers

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De Beers sees diamond market showing signs of recovery, focused on SA mine expansion

Cecilia Jamasmie | February 15, 2013
De Beers sees diamond market showing signs of recovery, focused on SA mine expansion

World's biggest diamond producer said Friday jewellery demand will experience moderate growth this year, which represents a major shift from the 12% decline in rough diamond prices last year.

De Beers diamond mine in Canada hit by new blockade

Cecilia Jamasmie | February 11, 2013
De Beers diamond mine in Canada hit by new blockade

A group of residents of a remote Canadian reserve in northern Ontario is once again blockading an ice road used to move heavy equipment and supplies to De Beers' Victor diamond mine.

Division of De Beers working on diamond atoms: report

Cecilia Jamasmie | January 15, 2013
Division of De Beers working on diamond atoms: report

These new type of diamonds could revolutionize key processes in global manufacturing.

Top fashion bloggers choose top 5 diamond engagement rings

Cecilia Jamasmie | December 12, 2012
Top fashion bloggers choose their dream diamond engagement ring from De Beers collections

In an original approach to social media marketing, De Beers invited five top international bloggers to its stores in London and New York to pick out which it would be their dream engagement ring.

De Beers partners with Rolf Sachs for holiday windows

PR Web via Yahoo! | November 27, 2012

De Beers Diamond Jewellers commissioned London-based conceptual artist designer Rolf Sachs to create an installation for the holiday windows to be unveiled this week.

De Beers, Peregrine Diamonds joint venture for Chidliak is a go

Cecilia Jamasmie | September 10, 2012
chidliak_project_peregrine_diamond

De Beers has the exclusive right to enter into a joint venture agreement with Peregrine for the Chidliak diamond project located on Baffin Island, Nunavut, Canada.

De Beers and Peregrine Diamonds to partner up for Chidliak

MINING.com Editor | September 5, 2012
peregrine_chidliak

Peregrine Diamonds Ltd. (TSX: T.PGD) and De Beers Canada are negotiating a partnership deal to operate Canadian Chidliak mine.

Anglo American completes acquisition of De Beers

MINING.com Editor | August 17, 2012
acquisition

Anglo American (LON:AAL) has completed its acquisition of a 40% stake in the De Beers Group from the Oppenheimer family, which has had a major ownership stake in the diamond mining, distribution and marketing company for more than 80 years.

De Beers aggregation moves to Botswana ahead of schedule

IDEX Online | August 14, 2012

The migration of worldwide diamond aggregation in Gaborone, Botswana, which began Tuesday, marks the first phase of the relocation of De Beers’ sales activities to Botswana as part of the sales agreement between the company and Botswana.

De Beers' profit down 53%; Venetia expansion still going ahead

Cecilia Jamasmie | July 20, 2012
diamond drill bit 333

Profit for De Beers, the world's number two diamond producer after Russia's Alrosa, is down 53% for the first half of 2012 affected by worries over consumer demand and shortage of financing for cutters and polishers.

July 6, 2012: The day the Oppenheimers said goodbye to De Beers

Cecilia Jamasmie | July 6, 2012
2012-mining-billionaires-21-nicky_oppenheimer

The Oppenheimer family, controller of giant diamond miner DeBeers since 1927, has officially let go of its 40% stake in the company after South Africa’s Mineral Resources Minister approved the acquisition by Anglo American.

De Beers Canada releases 2011 year in review

MINING.com Editor | July 5, 2012
Northen lights at Victor Camp, Ontario

De Beers Canada released its 2011 Year in Review, summarizing the company's performance in the areas of operations, finance, sustainability and contributions to Canada and the communities in which we operate. For the first time, it also includes the Snap Lake Socio-Economic Report, which details our commitments specific to the Northwest Territories.

35-carat stone on display in the Tower of London to mark the Queen’s Diamond Jubilee

Cecilia Jamasmie | June 4, 2012
Forevermark_Steinmetz Diamond

Steinmetz Diamond, a diamond brand from the De Beers group, put a 35.60 carat pink-brown diamond on display in the Tower of London on Monday, as part of the celebration of Queen Elizabeth II’s Diamond Jubilee.

De Beers to decide on $2 billion Venetia investment within 2 months

Mineweb | May 30, 2012

Philippe Mellier, new CEO at the De Beers, says the group is assessing ways to extend the life of the mine near Musina in South Africa's Limpopo province.

De Beers releases 2011 report to society

Diamond World | May 29, 2012
de_beers_Kazakhstan

De Beers released the 2011 Report to Society, in which Chairman Nicky Oppenheimer, summarized the efforts of the diamond company and its contributions towards the cause of beneficiation.

Diamond development: Gahcho Kué partners advance $31.3 million

Joint venture partners Mountain Province Diamonds (49%) of Toronto and De Beers Canada (51%), also based in Toronto, are spending $31.3 million over the next year at their Gahcho Kué diamond project near Kennady Lake in preparation for development.

WDC Honors Oppenheimer

IDEX Online | May 17, 2012
Nicky Oppenheimer333

The World Diamond Council has paid a special tribute to De Beers Chairman Nicky Oppenheimer at a gala dinner in Vicenza, Italy.

Mountain Province Diamonds shareholders approve Kennady Diamonds spin-out

CNW Telbec | Mining/Metals | April 27, 2012

Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV) (NYSE-AMEX: MDM) is pleased to announce that its shareholders have voted 99.5% in favour of the proposed spin-out of Kennady Diamonds Inc. ("Kennady Diamonds") at a special meeting of shareholders held yesterday, April 25, 2012.

Harry Winston reports a 19% increase in production at its Diavik mine

Cecilia Jamasmie | April 17, 2012
diavik_diamond_canada

Luxury jeweler and watchmaker Harry Winston Diamond Corp said today that production at its Diavik mine in Canada's Northwest Territories was up about 19% in the first quarter on improved grades.

Murray & Roberts Cementation nominated as preferred contractor for proposed Venetia underground project

CNW Group | March 15, 2012
de_beers_Kazakhstan

Murray & Roberts Cementation has been selected by De Beers as the preferred contractor to undertake the development of an underground mining operation at Venetia Diamond Mine. This project is in a feasibility stage and will be considered by the De Beers Board in 2012.

Botswana’s government to trade diamonds

Cecilia Jamasmie | March 12, 2012
letseng_star_diamond

The government of Botswana has established a new diamond trading company that will be responsible for the purchasing, selling and marketing of the state’s portion of Debswana Diamond’s production.

EU Commission gives Anglo American the green light for De Beers takeover

Cecilia Jamasmie | March 7, 2012
diamond shutterstock 333

Anglo American (LON:AAL) can officially take over De Beers as the European Commission granted the global miner authorization to proceed with its acquisition of the world's biggest diamond company, announced in November.

De Beers expects dull year for diamonds despite sales increase of 27%

Cecilia Jamasmie | February 10, 2012
diamond flickr 333

Diamond demand will slow down significantly in 2012 said today De Beers SA, the world’s largest supplier of rough diamonds, due largely to the weak global economy.

De Beers appoints CFO

Polished Prices | January 20, 2012

De Beers today announced the appointment of Gareth Mostyn as the company’s CFO, effective 1 February 2012.

Anglo American shareholders back De Beers deal

Channel Africa | January 7, 2012

Shareholders in Anglo American voted to approve the global miner's $5.1 billion acquisition of an additional 40 percent stake in De Beers, bringing the company closer to sealing control of one of the world's biggest diamond firms.

Appeals Court Upholds De Beers Settlement Case

IDEX Online | December 21, 2011

The U.S. Court of Appeals for the Third Circuit issued an opinion Tuesday upholding the settlement in the class action litigation against De Beers for allegedly conspiring to monopolize the sale of rough diamonds.

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