De Beers rises small diamonds price amid shortage
Mining News Pro - De Beers, the world’s top diamond producer by value, has once again increased the price of its smaller stones as sanctions on Alrosa (MCX: ALRS), its Russian rival, have worsened a global shortage caused by two years of covid-related shutdowns.
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Visit: 121
Diamond prices are spiking and even De Beers can’t fill the gap
Mining News Pro - Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time.
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Visit: 168
Diamond prices are spiking and even De Beers can’t fill the gap
Mining News Pro - Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time.
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Visit: 42
De Beers back to search for diamonds in Angola
Mining News Pro - De Beers, the world’s largest diamond miner by value, has inked two mineral investment deals with the Angolan government granting the company exploration rights for 35 years in the country’s northeast.
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Visit: 215
De Beers reassures market its diamonds do not come from Russia
Mining News Pro - Diamond major De Beers is encouraging retailers to “buy with confidence” by engaging with their suppliers to understand the origin of their diamonds, following an executive order by US President Joe Biden banning the importation of Russia-sourced diamonds into the US.
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Visit: 325
De Beers latest sale shows diamond demand remains strong
Mining News Pro - De Beers, the world’s top diamond producer by value, saw sales jump by 18% in the second cycle of 2022 compared to the same period last year, attesting to the industry’s consolidated recovery from the first pandemic-induced shutdowns.
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Visit: 343
De Beers returns diamond sights to Gaborone as travel opens up
Mining News Pro - De Beers is bringing its sales activities back to Botswana’s capital Gaborone, it said on Thursday, almost two years after the Covid-19 pandemic forced them to be held in cities including Antwerp and Dubai.
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Visit: 393
De Beers boosts production to meet recovering demand
Mining News Pro - De Beers, the world’s top diamond producer by value, saw production jump in the last quarter of 2021 by 15% to 7.7 million carats, as it boosted production to meet recovering demand.
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Visit: 581
De Beers makes diamond buyers cough up cash with fresh price rise
Mining News Pro - De Beers has implemented its biggest price increase for diamonds in years as the industry consolidates its recovery from the first pandemic-induced shutdowns.
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Visit: 547
Family who exited De Beers for $5 billion taps Asia’s rich
Mining News Pro - The family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its Asia exposure and partner with the region’s wealthy.
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Visit: 531
De Beers to extend life of Namibia mines to 2042
Mining News Pro - Namdeb, a joint venture between the Namibian government and diamond giant De Beers, announced on Thursday the approval of new long-term business plan that will allow it to extend its land-based mines’ life by 20 years to 2042.
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Visit: 718
De Beers seventh sales cycle revenue amounts to $515m
Mining News Pro - Diamond miner De Beers sold an estimated $515-million of rough diamonds during its seventh sales cycle of the year.
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Visit: 615
Diamond sales at De Beers' Botswana unit rebound as global market recovers
Mining News Pro - De Beers' Botswana unit saw sales of rough diamonds rebound by 41% in the first half of 2021, driven by the reopening of key markets the United States and China, data from the Bank of Botswana showed on Thursday.
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Visit: 428
De Beers records strong sixth-cycle sales
Mining News Pro - Diamond miner De Beers Group sold about $510-million of rough diamonds in its sixth sales cycle of the year.
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Visit: 490
De Beers’ second-quarter rough diamond production up 134%
Mining News Pro - Diamond miner De Beers’ rough diamond production increased by 134% year-on-year to 8.2-million carats during the second quarter, which the miner says reflects “planned higher production” to meet stronger demand for rough diamonds.
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Visit: 313
De Beers pleads guilty to failing to report mercury monitoring results at Victor mine
Mining News Pro - In a resolution to a years-long dispute, De Beers Canada has plead guilty to one count of failing to report annual mercury monitoring results for the G2 station at Victor mine in 2014 as required under the mine’s Certificate of Approval.
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Visit: 286
De Beers overtakes Newmont to lead ESG ranking of global miners
Mining News Pro - The world’s biggest diamond producer may not be the first name that comes to mind in a ranking of top environmental, social and governance (ESG) performers. But that’s what the latest industry survey revealed.
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Visit: 302
De Beers overtakes Newmont to lead ESG ranking of global miners
Mining News Pro - The world’s biggest diamond producer may not be the first name that comes to mind in a ranking of top ESG performers. But that’s what the latest industry survey revealed.
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Visit: 203
De Beers` third diamond sales cycle nets $440m
Mining News Pro - Diversified miner Anglo American’s diamond mining business De Beers’ third sales cycle of rough diamonds for this year generated $440-million.
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Visit: 427
De Beers` sales rise on positive consumer demand for diamond jewellery
Mining News Pro - Diamond miner De Beers says good rough diamond demand continued during its second sales cycle for this year on the back of positive consumer demand for diamond jewellery.
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Visit: 346
De Beers hikes diamond prices again as revival keeps going
Mining News Pro - De Beers lifted diamond prices at its third consecutive sale as an industrywide recovery from the coronavirus pandemic gathers pace.
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Visit: 291
De Beers` first sales cycle nets $650m
Mining News Pro - Diamond miner De Beers sold $650-million of diamonds in the first sales cycle of this year.
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Visit: 336
De Beers` first sales cycle nets $650m
Mining News Pro - Diamond miner De Beers sold $650-million of diamonds in the first sales cycle of this year.
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Visit: 327
De Beers lowers 2021 output guidance
Mining News Pro - Diamond miner De Beers has revised its production guidance for 2021 downwards to between 32-million and 34-million carats, from the previous target of 33-million to 35-million carats, amid ongoing operational challenges and expected lower production from the final cut at its Venetia mine, in South Africa`s Limpopo province.
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Visit: 341
Elite diamond-buying club shrinks as De Beers culls old clients
Mining News Pro - De Beers has cut off some of its long-term diamond buyers, marking one of the biggest shakeups in the way the miner sells gems since the end of its monopoly 20 years ago.
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Visit: 321