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De Beers - Wikipedia
The De Beers Group is a South African–British corporation that specializes in the diamond industry, including mining, exploitation, retail, inscription, grading, trading and industrial diamond manufacturing. [3] The company is active in open-pit, underground, large …
De Beers Group
The world's leading diamond company, with unrivalled expertise in the exploration, mining and marketing of rough diamonds driving it forward since 1888.
Anglo American nears De Beers spinoff - MINING.COM
4 days ago · De Beers is targeting annual core profits of $1.5 billion by 2028. Last year, the business made just $72 million, though traditionally its profits have ranged between $500 million and $1.5 billion ...
De Beers IPO moves closer for Anglo American as Botswana eyes …
5 days ago · Anglo has an 85 per cent stake in De Beers, which analysts estimate is worth about $2.5bn. Botswana, which inked a 30-year sales and licensing deal with the diamonds company this week, owns the ...
De Beers Turmoil Is Symptom of Diamond Industry Crisis
Feb 4, 2025 · A slump in demand has left De Beers floundering — and threatens to frustrate its owner’s plans to sell what was once the titan of the industry.
De Beers CEO Says US Diamond Demand Shows Signs of Recovery
Feb 4, 2025 · De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become the second-biggest market.. The industry has been hammered by a collapse in diamond demand from China and the increasing penetration of lab grown stones. At its final sale of last year, De Beers cut diamond prices by more than 10 percent across the board as the world’s ...
Government of the Republic of Botswana and De Beers conclude ...
Feb 3, 2025 · The Government of the Republic of Botswana (“GRB”) and De Beers Group (“De Beers”) are pleased to announce the successful conclusion of negotiations focused on establishing a new sales agreement for Debswana’s rough diamond production, as well as extending Debswana’s mining licences beyond 2029.
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De Beers: The Legacy Behind the World’s Most Iconic Diamonds
Did you know that the phrase “A diamond is forever” was coined by De Beers in 1947? This iconic slogan, considered one of the most effective in advertising history, has cemented diamonds as the ultimate symbol of eternal love. But the story of De Beers …