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De Beers plans three more U.S. stores in 2008
New York—Diamond giant De Beers will open up three more retail stores in the United States before the end of the year, according to a release from the company.
September 16, 2008 | National Jeweler Network
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De Beers sells Williamson Mine to Petra
Dar Es Salaam, Tanzania—De Beers Sociétété Anonyme has agreed to sell its stake in a Tanzanian diamond mine to Petra Diamonds Ltd. for $10 million, De Beers announced this...
September 10, 2008 | National Jeweler Network
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De Beers opens first mines outside Africa
London—De Beers officially opened the Snap Lake and Victor Mines in Canada today, marking a series of firsts for the London-based company.
July 25, 2008 | National Jeweler Network
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De Beers' sales up 10 percent
London—Total sales increased 10 percent in the first half of the year for the De Beers Group, but the diamond giant is approaching the second half of the year with caution due to weakness in...
July 23, 2008 | National Jeweler Network
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De Beers says operations staying outside U.S.
London—De Beers stands firm that it has no plans to launch full-scale operations in the United States, even though the London-based company's days of being locked out due to antitrust laws...
July 09, 2008 | National Jeweler Network
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Ontario expands diamond cutting, polishing business
Toronto, Ontario—The Ontario government and De Beers Canada, operator of the province's first diamond mine, have forged an agreement to expand local cutting and polishing activities.
July 07, 2008 | National Jeweler Network
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De Beers to have 50 stores by year-end
New York—De Beers is upping the ante on the number of retail stores it plans to open worldwide, according to an interview that appeared in today's Wall Street Journal.
July 07, 2008 | National Jeweler Network
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De Beers reports on progress in Africa
Washington, D.C.—The De Beers Family of Companies recently updated the world on the progress in Africa and the role De Beers plays in the continent's sustainable development.
June 16, 2008 | National Jeweler Network
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De Beers Group Marketing brands itself 'Forevermark'
London—Starting on June 12, De Beers Group Marketing will be known as Forevermark, a move that aligns the name of the company's marketing arm with its new diamond brand.
June 11, 2008 | National Jeweler Network
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Judge approves De Beers class-action settlement
Newark, N.J.—A U.S. Federal District Court judge presiding over the class-action suit filed against De Beers over its anti-competitive diamond prices has approved the settlement, the company...
May 30, 2008 | National Jeweler Network
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Report: De Beers London out of sorts?
London—De Beers is shifting some of its sorting operations from its traditional home in London to Gaborone, the capital of Botswana, according to a news report from the BBC.
May 28, 2008 | National Jeweler Network
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May 19 De Beers claim deadline
New York—Claims in the De Beers Indirect Purchaser/Reseller settlement must be postmarked on or before May 19, 2008, the Jewelers Vigilance Committee (JVC) has announced.
May 15, 2008 | National Jeweler Network
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De Beers announces plans for Forevermark
London—De Beers' plans for its Forevermark diamond brand will be announced over the next few days to a select group of retailers and diamantaires in London, the company has announced.
May 01, 2008 | National Jeweler Network
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Judge to approve De Beers class-action settlement
Newark, N.J.—A federal judge is slated to issue a ruling approving the $295 million De Beers class-action settlement case, the London-based diamond giant announced today.
April 15, 2008 | National Jeweler Network
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De Beers opens Dallas store
Dallas—De Beers has opened a new store in Dallas, making it the company's sixth North American retail location, following launches in New York and Beverly Hills, Calif., in 2005, plus launches...
April 04, 2008 | National Jeweler Network
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Rosy Blue to reveal Forevermark diamond at Basel
Antwerp, Belgium—Rosy Blue NV has plans to unveil the world's largest fancy yellow diamond carrying the De Beers' Forevermark at BaselWorld 2008.
March 31, 2008 | National Jeweler Network
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De Beers cuts marketing spend, hones in on men
New York—A continued, all-out promotion of the diamond industry by De Beers might not be forever, if the recent slashing of its U.S. marketing budget is any indication of where the company is...
March 20, 2008 | National Jeweler Network
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Oppenheimer calls U.S. subprime woes 'worry'
Johannesburg, South Africa—The U.S. subprime mortgage crisis is causing concern in the diamond industry due to the high volume of "lower-quality, cheaper diamonds" sold here, De Beers Chairman...
March 17, 2008 | National Jeweler Network
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De Beers 2007 sales lose sparkle
Johannesburg, South Africa—The De Beers Group reported today that full-year sales dropped 3 percent in 2007, from $7.030 billion in 2006 to 6.836 billion, crediting most of the loss to a lower...
February 08, 2008 | National Jeweler Network
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De Beers touts beneficiations programs in Africa
Cape Town, South Africa—The new De Beers is an organization that is working hard to promote prosperity through the partnerships it is forging with diamond-producing countries, Group Managing...
February 07, 2008 | National Jeweler Network
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