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Field Notes
Not Enough Rough
Optimism in the diamond market may be justifiable, considering that retail sales have returned to pre-pandemic levels while
Analysis Jul 29, 2021 Avi Krawitz
Botswana Orapa Debswana De Beers mine Botswana
De Beers Returns to Profit as Market Recovers
De Beers went back into the black in the first half of the year as sales and production rebounded
News Jul 29, 2021 Rapaport News
De Beers sightholder
De Beers Sales Rise Following Price Increase
De Beers’ sales momentum continued in July as demand strengthened and rough prices grew.Proceeds came to $510 million for
News Jul 28, 2021 Rapaport News
Field Notes
A Call for Synthetics Transparency
Among the challenges of assessing the lab-grown diamond market is the lack of published data on the sector. That’s
Analysis Jul 22, 2021 Avi Krawitz
De Beers rough
De Beers Prices Up 14% Since Start of Year
De Beers’ rough prices spiked in the first half of 2021 as supply shortages coincided with buoyant diamond demand
News Jul 20, 2021 Rapaport News
De Beers Orapa mine
De Beers’ Rough Production Falls
De Beers reported a decline in rough-diamond production in the first quarter while maintaining its full-year guidance as demand recovered
News Apr 22, 2021 Rapaport News
Rough diamond De Beers
De Beers Posts First Loss Since 2009
De Beers recorded its first annual loss since the aftermath of the global financial crisis as rough sales
News Feb 25, 2021 Rapaport News
De Beers rough diamonds at office in Calgary Canad
De Beers Lowers 2021 Production Outlook Again
De Beers has reduced its 2021 production plan for a second time, citing operational issues at mines, even
News Jan 28, 2021 Rapaport News
Venetia mine
De Beers Trims Production Plan for Coming Years
De Beers has reduced its production plan for the next two years, aiming to avoid releasing too
News Dec 13, 2020 Rapaport News
Rough diamonds in Calgary offices De Beers
De Beers Notes Recovery Ahead of Holidays
De Beers’ sales and production rebounded in the third quarter as the impending holiday season revitalized the diamond
News Oct 22, 2020 Rapaport News
De Beers Sight Box
Challenges Persist as De Beers Sees Red
De Beers suffered heavy losses in the first half of the year due to Covid-19, and cautioned that substantial
News Jul 30, 2020 Rapaport News
Sarah Kuijlaars.
De Beers Names Sarah Kuijlaars as CFO
Sarah Kuijlaars will take over as chief financial officer of De Beers on September 1, succeeding Nimesh Patel, the miner
News Jul 15, 2020 Rapaport News
De Beers Donation
De Beers Bolsters Coronavirus Aid Package
De Beers and its parent company Anglo American have contributed an additional $3 million in aid to help mitigate the
News Apr 21, 2020 Rapaport News
Venetia mine
De Beers Cuts Venetia Workforce During Lockdown
De Beers will reduce its worker head count at its sole diamond mine in South Africa by around 75%
News Mar 29, 2020 Rapaport News
Petra Finsch mine
South Africa, Lesotho Mines Set for Shutdown
Petra Diamonds, Gem Diamonds, Firestone Diamonds and Lucapa Diamond Company are suspending operations at their mines
News Mar 25, 2020 Rapaport News
De Beers rough and polished
De Beers Optimistic After 2019 Earnings Slump
De Beers gave a positive outlook for 2020 due to an improvement in the industry’s inventory situation, despite growing concerns
News Feb 20, 2020 Rapaport News
Orapa
Profit Margins Improve at $425M De Beers Sale
De Beers’ rough sales totaled $425 million in December, the highest since April, as lower price levels and
News Dec 18, 2019 Joshua Freedman
Peter Hill Petra 150
Petra Names New Chairman
Petra Diamonds has appointed Peter Hill as non-executive chairman, succeeding company founder Adonis Pouroulis, who is stepping
News Dec 17, 2019 Rapaport News
De Beers diamonds on glass table
De Beers Rough Prices Decline 5% in 2019
A drop in rough-diamond prices and a sales shift to lower-value items weighed on De Beers’ profitability in the second half, according
News Dec 16, 2019 Rapaport News
Jwaneng
De Beers Lowers 2020 Production Forecast
De Beers has reduced its production outlook for next year and beyond amid uncertainty about the
News Dec 11, 2019 Rapaport News
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