De Beers News

De beers’ production fell 4% year-on-year due to “planned reductions” in output

The miner raked in $467 million - a 36% increase year-over-year

Demand for diamond jewellery from top cities in India bounces back

Sources: De Beers “is cutting the price of stones under a carat”

De Beers sells $436 million in rough in last two Sights

De Beers: "The industry is in a healthier place than it has been for some time”

Buyers “are now conscious about what they buy and the brands they associate themselves with”

60% of male respondents said that they mean to purchase diamond jewellery during the holidays

The fall is mainly attributed to “the Covid-19 lockdowns in southern Africa”

62% of US consumers would prefer to buy diamond jewellery at a safe physical store

The biggest diamond miners are reportedly keeping prices at pre Covid-19 levels

Both companies remain committed to to their price-over-volume strategy

Shoppers in China are returning to the stores quicker than previously predicted, and prices are stable

De Beers promises "immediate, direct and straightforward purchase" of rough

Bruce Cleaver calls for the fast reopening of diamond cutting operations

De Beers is expected to allow 100% deferrals on all goods

De Beers responds to a fall in mining operations, wholesale trading activity and consumer traffic

The course, which normally costs $250, includes 8 modules and will be accessible for four months