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.

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.

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.

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.

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.

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.

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.

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.

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.

De Beers reports steady demand for rough diamonds in tenth sales cycle

Mining News Pro - Diamond miner De Beers CEO Bruce Cleaver says positive consumer demand for diamond jewellery is supporting the continuation of retail orders for polished diamonds from the diamond industry’s midstream sector.

De Beers plans to clean up diamond supply chain, be carbon neutral by 2030

Mining News Pro - Diamond mining giant De Beers on Monday outlined plans to ethically source its diamonds and be carbon neutral by 2030 due to growing investor pressure on companies to be environmentally and socially responsible.

De Beers sales rise 12% as diamond demand recovers

Mining News Pro - De Beers Group announced on Wednesday that sales of rough diamonds rose more than 12% in the latest sales cycle, as demand improves on the back of easing covid-19 restrictions and ahead of the holiday season.

De Beers to close Damtshaa mine in Botswana

Mining News Pro - Debswana Mining will close its Damtshaa diamond mine in 2021 for a period of three years, the president of the Botswana Mine Workers Union Joseph Tsimako told Reuters on Friday.

De Beers records $467m worth of rough diamond sales in eight sales cycle

Mining News Pro - Diversified miner Anglo American reports that its diamond mining subsidiary, the De Beers Group, recorded $467-million worth of provisional rough diamond sales, both through global sightholder sales and auctions, during the eight sales cycle of the year.

De Beers sales hint diamond market has bottomed out

Mining News Pro - De Beers, the world’s largest diamond producer by value, revealed on Friday it made about three times as much in sales of roughs in the seventh sales cycle of the year as it did in the previous event.

De Beers uses geofencing to protect crew on world’s largest offshore diamond mining vessel

Mining News Pro - A new IoT solution that provides geofencing to maintain safe work distances for crew operating heavy equipment has been installed at De Beers’ marine diamond mining operations.

Alrosa follows De Beers with price cuts

Mining News Pro - Russian diamond miner Alrosa PJSC joined rival De Beers in cutting prices for its gems, but with a twist — the company changed its billing system so buyers can’t tell which stones are discounted, or by how much.

De Beers cuts diamond prices after Covid-19 curbs demand

Mining News Pro - De Beers has finally decided to cut the price of its diamonds in a bid to spark sales after the coronavirus pandemic paralyzed the industry.

De Beers likely to cut jobs after covid-19 hit

Mining News Pro - Diamond mining giant De Beers is likely to have to cut jobs, its chief executive said on Thursday, as it outlined plans for an overhaul of its business after the coronavirus hit jewellery demand.

ABB outfits De Beers`s new marine diamond mining vessel with advanced power systems

Mining News Pro - The largest and most technologically advanced marine diamond mining vessel, which is under construction, will be fitted with an integrated power system package supplied by electronics, automation and robotics company ABB.

R10m Covid testing lab unveiled at De Beers Venetia diamond mine

Mining News Pro - De Beers Venetia Mine has unveiled a R10-million coronavirus testing laboratory that will be used to check the diamond mines’ employees and contractors for Covid-19.

De Beers axes production forecast amid market collapse

Mining News Pro - De Beers, the world’s largest diamond miner by value, cut 2020 production guidance by a fifth on Thursday, as the coronavirus pandemic has brought the global supply chain to a halt, affecting demand.

De Beers cancels third rough diamond sales cycle

Mining News Pro - Owing to public health restrictions on the movement of people and products in Botswana, South Africa and India, diamond miner De Beers will not hold its third rough diamond sales cycle of this year.

Lost fragment of ancient continent found at De Beers’ project in Canada

Mining News Pro - Kimberlite rock samples recovered at De Beers Canada’s Chidliak project in Nunavut unveiled the composition of the North Atlantic craton—an ancient part of Earth’s continental crust that stretches from Scotland to Labrador.

De Beers posts lowest profit since end of diamond monopoly

Mining News Pro - Not since at least the early 2000s, when De Beers gave up its global monopoly on diamonds, has the company earned so little money.

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