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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
De Beers
De Beers Slashes Output Amid Diamond Glut
De Beers’ production dropped in the third quarter as the miner responded to a decline in rough demand that has left
News Oct 22, 2019 Rapaport News
Large Canadian rough diamond in palm of hand, GSS
Diamond Glut Prompts De Beers to Slash Production
De Beers has lowered its production forecast for this year, noting that weakness in the diamond trade
News Jul 18, 2019 Rapaport News
Siba Diamond
118ct. Yellow Smashes Estimate at Christie’s
A diamond bought in memory of late diamantaire Sam Abram sold for more than double its high estimate
News May 16, 2019 Rapaport News
De Beers Namibia
De Beers to Build $468M Diamond-Mining Ship
De Beers will increase production at Debmarine Namibia by 500,000 carats per year through the construction of a new diamond-recovery
News May 16, 2019 Rapaport News
Petra Varda Shine 150
Petra Adds Ex-De Beers Exec to Board
Petra Diamonds has appointed former De Beers executive Varda Shine as a non-executive director in line with a plan to refresh
News Oct 29, 2018 Rapaport News
De Beers 600
Higher Costs Dent De Beers Earnings
De Beers’ underlying earnings fell in the first half due to higher costs, even as the company maintained an upbeat
News Jul 26, 2018 Rapaport News
De Beers 150
De Beers Sales Volume Rises in Positive Market
De Beers’ sales volume and production grew sharply in the second quarter amid strong trading conditions, the
News Jul 19, 2018 Rapaport News
De Beers Botswana 150
De Beers, Botswana Prep for New Sales Deal
Botswana once again finds itself at a crossroads. The sparsely populated, landlocked country is in a constant battle to ensure the
News Jul 09, 2018 Avi Krawitz
De Beers Orapa Mine
De Beers Raises Output in Healthy Market
De Beers’ production grew during the first quarter as the company reached full capacity at its Gahcho Kué
News Apr 24, 2018 Rapaport News
De Beers Earnings Fall 150
De Beers Production to Peak in 2018
De Beers expects its production to hit a high point in 2018 as a number of its mines approach the end of their
News Feb 22, 2018 Joshua Freedman
Bull bear stocks
Five Takeaways from the Stock Market in 2017
In a year of soaring stock prices, US retail shares largely underperformed in 2017 as consumers (and investors) abandoned traditional shopping
News Jan 01, 2018 Joshua Freedman
Neil Ventura 3
De Beers Names New Strategy Chief
De Beers has appointed Neil Ventura as vice president of strategy and innovation, following the departure of Gareth Mostyn
News Dec 07, 2017 Rapaport News
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