Former De Beers Chairman Julian Ogilvie Thompson Dies
Former De Beers Chairman Julian Ogilvie Thompson Dies
Former De Beers Chairman Julian Ogilvie Thompson Dies
De Beers Loosens Buying Rules as Inventories Accumulate
In the first half of this year, China consumed nearly 555 tons of gold, up more than 16 percent year-on-year. The trend has been described as a domestic gold craze. But diamonds seem to have lost their attraction, as the market size in China declined to 11.4 billion U.S. dollars in 2022, 2.5 billion dollars … Read more
555 carat Diamond Bought with Illicit Funds, SEC Says
Anglo announces latest De Beers’ rough diamond sales value
De Beers has sharply decreased its prices for select larger rough diamonds
Botswana has reached an eleventh-hour deal with diamond giant De Beers after months of tense negotiations that saw the continent’s top producer threatening to cut ties with the storied company.
Admiring the pink diamond is South African Diamond Producers Organisation CEO and Pioneer Tender House director Yamkela Makupula.
De Beers’ sales value fell this month as global rough demand weakened and the miner reduced prices of its larger stones.
The Group of Seven (G7) meeting that took place in Japan in mid-May proved to be an anticlimax for the diamond trade.