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Polished Markets
19ct. Pink Could Set Records
Christie’s expects to sell a rare fancy-vivid-pink diamond for between $30 million and $50 million, potentially setting a new world auction record price for the color category. The rectangular-cut, 18.96-carat, type IIa Pink...
Polished Markets Sep 25, 2018 Rapaport News
Bonhams yellow diamonds Dec 2017
Legendary Yellow Diamonds Dazzle at Bonhams
A collection of fancy vivid yellow diamonds once owned by South Africa’s mining elite sold last week at a Bonhams auction for well above its expected price.The diamonds first surfaced in 1940, when R.V. Cullinan — son...
Polished Markets Dec 10, 2017 Rapaport News
Mark Cutifani
Anglo American Appoints Mark Cutifani as CEO
Anglo American has appointed Mark Cutifani as its new chief executive officer (CEO) to replace ‎Cynthia Carroll. Cutifani, who is currently CEO of AngloGold Ashanti Ltd., will begin his new ‎position on April 3, while Carroll...
Rough Markets Jan 08, 2013 Dilipp S Nag
Antwerp Pays Tribute to Oppenheimer
Press Release: On Tuesday, Antwerp's Diamond Trading Company (DTC) sightholders, diamond brokers and the AWDC, the umbrella organization representing the industry, paid tribute to Nicky Oppenheimer, the retiring chairman of the De Beers Group.During...
Marketing Jul 26, 2012 AWDC
Anglo American
Anglo Receives Final Approval for De Beers Acquisition
Anglo American received the consent of the South African Minister of Mineral Resources to acquire an additional 40 percent stake in De Beers from the Oppenheimer family for $5.1 billion.The consent is the final approval required for the...
Financial-Legal Jul 06, 2012 Dilipp S Nag
Jwaneng operation
Botswana’s Decision ‎
There’s a dark horse lurking in the shadows of the diamond industry in the form of the ‎Botswana government. Not only is it about to become a major rough diamond supplier in ‎its own right – that is, independent of the Diamond...
Rough Markets Jun 15, 2012 Avi Krawitz
WDC to Honor Oppenheimer's Effort in Ending Conflict Diamonds
The World Diamond Council (WDC) will recognize Nicky Oppenheimer, the chairman of the De Beers Group, on May 14 for his considerable contribution to the industry's effort in eradicating the trade of conflict diamonds. The gala celebration...
Marketing Apr 10, 2012 Jeff Miller
DTC January Sight Estimated at $650M
The Diamond Trading Company (DTC) opened its first sight of 2012 with an estimated value of $650 million, as the De Beers distribution unit adjusted prices but changed the assortments presented. ''We maintained the value...
Rough Markets Jan 25, 2012 Avi Krawitz
Anglo American
Anglo American Shareholders Approve De Beers Acquisition
Anglo American shareholders approved the company’s plan to acquire an additional 40 percent stake in De Beers from the Oppenheimer family for $5.1 billion. The plan passed as expected and with an overwhelming majority, or 99.94 percent of shareholders,...
Financial-Legal Jan 06, 2012 Ricci Dipshan
Nicky Oppenheimer
A Diamond Handshake
The exit of the Oppenheimer family from De Beers marks the final chapter in the company’s natural progression toward being a true corporate entity, rather than a relationship-based business. On Friday, De Beers announced that Anglo American...
Rough Markets Nov 11, 2011 Avi Krawitz
De Beers Logo
Anglo American to Buy Oppenheimer’s Stake in De Beers for $5B
Anglo American Plc agreed to acquire the Oppenheimer family’s 40 percent stake in De Beers for $5.1 billion in cash. The acquisition will increase Anglo American’s stake in the diamond company to 85 percent from 45 percent currently.''This transaction...
Mining Nov 04, 2011 Dilipp S Nag
De Beers Rough
De Beers 3Q Diamond Production +3%
De Beers rough diamond production rose 3 percent year on year to 9.305 million carats in the third quarter of 2011, parent company Anglo American reported. The increase came due to higher productivity and variations in grade and...
Mining Oct 23, 2011 Avi Krawitz
Nicky Oppenheimer
Oppenheimer Dispels De Beers Divestment Reports
Nicky Oppenheimer, chairman of De Beers, dispelled rumors that he is planning to sell a 40 percent stake in company and expressed confidence that De Beers would bring good returns on his investment. “As things stand at the moment, we are absolutely...
Mining Jan 18, 2011 Avi Krawitz
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