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.