Manufacturers
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Feb- 2025 -25 February
Republic of Botswana and De Beers Group confirm diamond partnership
The Government of the Republic of Botswana and De Beers Group have announced that the two partners have now signed…
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24 February
De Beers launches DiamondProof in stores
De Beers has announced the launch of its diamond verification device, DiamondProof, in select retail stores. The device, which can…
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21 February
De Beers revenues plummet 23% in FY24
De Beers has reported a 23% reduction in total revenues to $3.3bn (£2.61bn) year-on-year, primarily due to a 25% reduction…
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19 February
Céline Assimon steps down as De Beers CEO
De Beers CEO Céline Assimon has stepped down from her role after nearly five years. Assimon joined De Beers in…
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17 February
Richard Duffy steps down as Petra Diamonds CEO
Petra Diamonds has announced that Richard Duffy has resigned as CEO and director of the company by mutual agreement and…
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14 February
January diamond prices drop in slow market
The diamond market was slow in January, with mixed reports about holiday sales, according to Rapaport’s RapNet Diamond Index. Diamond…
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11 February
De Beers lowers production guidance amid challenging trading conditions
De Beers Group has lowered its production guidance for 2025 to 20–23 million carats (previously 30-33 million carats), reflecting the…
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4 February
De Beers and Botswana secure rough diamond sales agreement
The Government of the Republic of Botswana (GRB) and De Beers Group have agreed a deal establishing a new sales…
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Jan- 2025 -14 January
HS Walsh and Sons awarded Royal Warrant
HS Walsh and Sons, a supplier of horological tools and equipment, has been awarded a Royal Warrant. The business was…
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Dec- 2024 -23 December
Petra Diamonds revenues drop 7% despite 17% rise in volumes
Petra Diamonds has reported a 7% drop in tender three FY 2025 sales to $71m (£56.6m) despite selling 700,803 carats,…
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