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De Beers Launches Provenance Program
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De Beers will allow its sightholders to disclose sourceinformation on diamonds they purchase from the company, after unveiling its “diamonds from DTC” program Monday. “We are proud of where our diamonds are discovered, how...
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Rough Markets
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Apr 01, 2019
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Rapaport News
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Higher Costs Hit De Beers Profit
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De Beers’ earnings fell in 2018 due to the costs of new initiatives such asits Lightbox synthetics business.Underlying earnings slid 34% to $349 million, as capital expenditure rose 53% to $417 million for the year, the company...
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Mining
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Feb 21, 2019
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Rapaport News
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De Beers Green-Lights Disclosure-Rule Changes
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De Beers has approved plans to allow sightholders to referto its goods as “DTC diamonds,” a company spokesperson confirmed with RapaportNews on Tuesday. The miner consulted with clients during the December sightin Botswana, proposing to relax its...
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Mining
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Jan 08, 2019
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Joshua Freedman
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De Beers Ready to Relax Its Provenance Rules
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De Beers is planning to loosen its source-disclosure restrictions for sightholders following requests for increased transparency, Rapaport News has learned.The company consulted with clients during this week’s sightin Botswana, proposing to let them refer...
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Rough Markets
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Dec 13, 2018
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Joshua Freedman
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Correction: De Beers Jewellers
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An article entitled “De Beers Jewellers Sees Sales Drop” — published on Diamonds.net and the NewsBrief on Wednesday, October 10, 2018, and in the TradeWire on Thursday, October 11, 2018 — was inaccurate. It referred to De Beers Jewellers’ 2017...
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Retail
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Oct 14, 2018
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Rapaport News
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De Beers Retail Unit Drops ‘Diamond’ from Name
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De Beers has renamed its retail chain De Beers Jewellers “toreflect the public brand identity already in use,” a company spokespersonconfirmed to Rapaport News Wednesday. The London-headquartered retailer announced the change in a filinglast week with Companies...
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Retail
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Jun 21, 2018
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Joshua Freedman
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