De Beers

International corporation specialising in diamonds

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2025 De Beers Jewellers was rebranded as De Beers London, emphasizing its links with the fashion and luxury capital.
May 2024 Anglo American announced its intention to spin off or sell De Beers, potentially marking a significant transformation of the company's ownership structure.
2022 Benguela Gem, the world's largest diamond vessel at 177 meters, began operation in Namibia.
2020 De Beers Company released a statement committing to not using slave labor within the company, signaling a change in corporate values.
February 2020 De Beers reported its worst earnings since being bought by Anglo American in 2012.
2019 De Beers launched Tracr, an end-to-end traceability platform enabling diamond identification and tracking from mine to store, with Signet and Alrosa also adopting the technology.
2019 De Beers's market share of rough diamonds fell to 29.5%, a significant drop from its peak of 90% in the 1980s, reflecting a more fragmented and competitive diamond market.
April 2019 De Beers closed its International Institute of Diamond Valuation (IIDV) division.
2018 De Beers and UN Women launched a program supporting 500 women micro-entrepreneurs in Blouberg and Musina communities near the Venetia diamond mine.
2018 De Beers successfully used blockchain technology to track 100 high-value diamonds through the manufacturing process from mine to retailer, ensuring quality and conflict-free status.
September 2018 De Beers began selling the Lightbox synthetic diamond jewelry line, produced in a $94 million facility in Gresham, Oregon with an annual production capacity of 500,000 rough carats.
May 2018 Element Six, a De Beers group company, launched a lab-grown diamond brand to sell jewelry directly to consumers.
May 2018 De Beers introduced 'Lightbox', a new brand of synthetic diamond jewelry, with prices starting at $200 for a quarter carat and $800 for a full carat diamond.
2017 De Beers plc was reclassified from Luxembourg, with its head office moved to Jersey.
September 2017 De Beers formed a partnership with UN Women to advance women's opportunities within the company and its operational countries.
August 2017 De Beers partnered with Stanford Graduate School of Business to accelerate business ventures in Botswana, Namibia, and South Africa, creating a three-year, $3 million deal to help teach early entrepreneurs how to commercialize their business ideas.
June 2017 De Beers established De Beers Ventures to make minority stake investments in start-ups and growth companies beneficial to the diamond sector.
June 2017 SS Nujoma, a 12,000-tonne diamond exploration vessel, began full operations in Namibia.
March 2017 The De Beers Group of Companies acquired LVMH's 50% shareholding in DBDJ, and the brand was renamed to De Beers Jewellers.
September 2016 Gahcho Kue, De Beers' third mine in Canada, was opened.
March 2016 De Beers Group launched the International Institute of Diamond Valuation (IIDV), a reselling service for diamonds in partnership with jewelry retailers.
2015 The International Institute of Diamond Grading & Research (IIDGR) expanded to include a location in Surat, India.
2015 Production at Snap Lake mine was suspended and put on care and maintenance.
2015 Damtshaa mine in Botswana was put on care and maintenance.
2015 Introduced Accredited Buyer status, allowing companies not traditionally considered Sightholders to access unallocated diamonds.
2015 Victor mine in Ontario, Canada was opened.
November 4 2011 Anglo American plc and CHL Holdings announced an agreement for Anglo American to increase its shareholding in De Beers from 45% to 85%.

This contents of the box above is based on material from the Wikipedia article De Beers, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

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