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De Beers Reduces Sightholder Supply
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De Beers sightholders are bracing for lower rough supplyfor the rest of 2019 as the miner reduces its production and fulfills itscommitments to support local manufacturing in Africa.The company expects production to drop as its Victor minein...
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Rough Markets
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Apr 08, 2019
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Joshua Freedman
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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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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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Diamond Trading Drives Botswana Growth
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Botswana’s gross domestic product (GDP) grew 4.3% in 2016, mainly due to an improvement in the nation’s diamond trade, the Bank ofBotswana said last week.An increase in wholesale activity by diamond companies operating in Botswana,such as De Beers’ Global...
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Rough Markets
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Jun 27, 2017
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Rapaport News
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Kiran Exports Gains De Beers Supply
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Kiran Exports received De Beers ‘accredited buyer’status, enabling it to buy the mining company’s rough diamonds following itssplit from Kiran Gems.The new status gives the Antwerp-based trading company accessto ‘ex-plan’ goods that will...
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Rough Markets
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Nov 21, 2016
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Rapaport News
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De Beers Announces 2017 Sight Dates
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De Beers released its sales timetable for 2017, maintainingits schedule of 10 sights a year. The company sells approximately 90 percent of its roughsupply through its global sightholder sales division and the remainder throughits auction platform....
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Mining
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Nov 07, 2016
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Rapaport News
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