De Beers Mining News

De Beers, Mountain Province go after Kennady Diamonds to expand joint Canadian mine

The partners in Canada's Gahcho Kué mine, Mountain Province, said the planned acquisition opens up some potential new options for the operation’s future.

Global diamond supply expected to decrease this year

Paul Zimnisky, an independent diamond industry analyst, estimates supply will fall 3.4% to 147 million carats.

Lucara Diamond names new CEO, invests in digital sales platform

Together with naming new top execs. the Canadian miner is acquiring Clara Diamond Solutions, which uses blockchain technology to trace diamonds as they move through the supply chain.

De Beers diamond output to peak this year thanks to Gahcho Kue

The unit of Anglo American intends to mine as much as 36 million carats this year, up from 33.5 million in 2017.

De Beers’ Namibia venture puts mine up for sale, at least 130 jobs to go

Namdeb, a 50/50 joint venture between the Namibian government and Anglo American’s diamond unit De Beers, has put its Elizabeth Bay Mine up for sale.

Sotheby’s expects over $33 million for world's largest, rarest, flawless round diamond

The 102.34-carat white diamond is thought to be worth considerably more than previous auction records for similar pieces.

De Beers on exploration spree as secures South Africa licences

The Anglo American unit is also said to be eying exploration licences in Zimbabwe and Congo.

De Beers’ diamond venture in Namibia axing at least 130 jobs

Move seeks to ensure the sustainability of Namdeb land-based operations.

De Beers readies technology aimed at eliminating ‘conflict diamonds’

Firm is developing open platform that traces diamonds from mine to buyer.

De Beers reshuffles executive committee

Chief executive Bruce Cleaver said the changes were necessary to sustain De Beers' success as a business.

Diamond Fields to resume mining off Namibian coast next year

The country’s Ministry of Mines and Energy has renewed the Canadian miner's licence for ten years.

De Beers steps up efforts to remove ‘conflict diamonds’ from the market

Diamond giant is investing in an open platform that will allow tracing a rock throughout the entire value chain — from mine to buyer.

De Beers puts South Africa’s Voorspoed mine up for sale

Company says move paves the way for a lower-cost operator to take the diamond mine beyond 2020, when it is scheduled to close.

Plans underway for world's biggest offshore diamond mining vessel

Debmarine Namibia, a 50/50 joint venture between the country and De Beers Group, tis planning for the construction of the world’s largest custom-built diamond mining vessel.

De Beers’ Victor mine closing doors in 2019

Firm has determined it's not economically viable to extend the life of the diamond mine, which can only be accessed by air year round, or by a winter road for five or six weeks in January and February.

The best diamonds in the world are buried at the bottom of the Atlantic Ocean

The best diamonds in the world come from the sea.

De Beers latest diamond sale the worst in almost two years

The world’s largest diamond producer by value offered less precious stones, in line with its policy of trying to match sales to demand.

Discovery of newsworthy diamonds picks up

Over the last nine years 66 record-breaking and other noteworthy diamonds were recovered, and 61 of those have been found within the last five years.

De Beers laying the foundations for gender equality

Katie Fergusson: "As Head of Social Impact, I feel privileged to be leading De Beers Group’s work on women and girls empowerment, including on diversity and inclusion."

De Beers partners with UN to empower women in its diamond producing countries

It will invest US$3 million to advance the prospects of women and girls by addressing key priority areas.

IIDGR announces four new diamond grading partnerships in Asia

The International Institute of Diamond Grading & Research, part of De Beers Group, has established four new diamond grading partnerships with leading diamond jewellery retailers in Thailand, Vietnam and China.

Evolving role and perception of women in society creating new sources of diamond jewellery demand

New research published today by De Beers Group in its latest Diamond Insight Report reveals that shifting relationship dynamics, women’s expanding roles in society and changing perceptions of femininity are creating new motivations for diamond jewellery acquisitions.

Ingr expands in China with extension of Soo Kee Group Grading partnership

The International Institute of Diamond Grading & Research has announced it is expanding its existing grading partnership with Soo Kee Group into China, following the launch of Soo Kee’s bridal specialist brand, Love & Co., in the country.

De Beers to provide retailers with increased synthetic detection confidence

The International Institute of Diamond Grading & Research, a De Beers Group company, has announced that the industry’s first synthetic screening device for set jewellery,

De Beers marketing spend increase will boost global sales — WFDB

Although De Beers intends to spend most of the money on its own brands, Forevermark and De Beers Diamond Jewellers, all advertising is good for the wider diamond trade since it has a positive ripple effect.