Sales decline at De Beers’ first sight of 2023
De Beers saw a slowdown in rough sales at its January sight, as clients were hesitant to buy at the start of the year.
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De Beers Group rough diamond sales for cycle 1, 2023
Press release – De Beers Group [announced February 1] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the first sales cycle of 2023.
India makes sweeping reforms to promote lab-grown sector
The Indian government has abolished its import tax on synthetic-diamond seeds and pledged extra funding in an effort to develop the country’s lab-grown industry.
De Beers’ rough prices rise 23% in 2022
De Beers’ prices jumped last year as steady retail sales and shortages of Russian goods supported demand for the miner’s production.
Tiffany buys 35 of the last diamonds recovered from Argyle
Purchased directly from Rio Tinto, the collection consists of pinks, purples and one red, none larger than 1.52 carats.
Is lab-grown still a dirty word in the industry?
Some jewelers are keeping their synthetics sales low-key to avoid pushback from the trade.
De Beers’ new CEO will start in February
De Beers’ CEO transition—which was scheduled to occur early this year—has been given a date: Feb. 20.
Another top De Beers exec is retiring
Charles Stanley, who has been with the company for more than two decades, will step down at the end of February.
De Beers slashes prices of larger rough diamonds
De Beers has made sharp price changes at this week’s sight, implementing deep reductions in larger goods and increases for smaller stones.
Diamond prices end year with decline
Press release: 1ct. RAPI -1.5% in December; -10.7% in 2022.
Botswana Diamonds looking to enter Zimbabwe
Botswana Diamonds is in talks to begin exploration work in Zimbabwe after a previous project in the country failed to materialize, management said last month.
De Beers’ rough diamond sales near $6B for the year
Strong jewelry sales and manufacturers’ desire to secure supply with known provenance pushed rough sales to their highest level since 2018
