Diamond sales slump for De Beers
De Beers Group, the world's largest diamond mining company, has announced the results of its first sales cycle for the year, noting a sharp decline in sales. De Beers…
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February 6, 2023
Weakened demand impacts De Beers sales
De Beers Group has reported a decline in sales in the tenth and final cycle for 2023 as China's slowdown and the high cost of crude weaken demand. De…
December 21, 2022
De Beers extends sightholder contracts
The world's largest diamond mining company, the De Beers Group, has extended exclusive sightholder contracts for an additional year. A sightholder is a company placed on De Beers' Global…
December 6, 2022
Modest sales for De Beers amid interruptions
The De Beers Group has announced the results of its penultimate sales cycle for 2022, noting an 11 percent decline compared with the previous cycle. The ninth sales cycle…
November 20, 2022
Record for most expensive diamond sold online shattered
A new world record has been set for the most expensive online sale of a single diamond. A 59-year-old US businessman purchased a 21.01-carat D-colour internally flawless diamond via…
November 10, 2022
New CEO takes reins at Lightbox Jewelry
De Beers Group has secured the next leader of Lightbox Jewelry with Antoine Borde appointed CEO of the lab-created diamond company. Borde most recently worked as global e-commerce vice…
November 6, 2022
Online sales account for quarter of US diamond jewelry market
According to recently published research from the De Beers Group, 25 per cent of all diamond jewelery sales in the US in 2021 were completed online. Per the Diamond…
October 30, 2022
Hollywood star joins De Beers as global ambassador
Academy Award winning actress Lupita Nyong'o has been named global ambassador for the De Beers Group. “With her rare magnetism and elegance, Lupita Nyong'o is a testament to the…
October 26, 2022
Exceptional Blue collection expected to fetch more than $136 million
Collectors of fancy color diamonds will soon be given the chance to acquire any of eight stunning blue miracles of nature. Sotheby's will soon auction eight blue diamonds sourced…
October 16, 2022
De Beers changing leadership for 2023
The world's largest diamond miner, De Beers Group, has confirmed the company will have a new CEO in 2023. Bruce Cleaver has served as De Beers CEO for the…
October 10, 2022