One of the De Beers Millennium Blue Diamonds exceeded expectations when it went up for sale on April 7, selling for 49.94 HKD (£4.2m) at Sotheby’s Hong Kong. The 5.16 carat fancy vivid blue internally flawless diamond is the first to go under
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The world’s top diamond producer De Beers expects India to maintain its double digit growth in demand and hopes to globally raise production by about a quarter on the back of better
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Could De Beers relist? It’s being talked about again by some leading diamond and mining analysts who think the primary motivating role is that the shareholders- Anglo American (45%) and the Oppenheimer family (40%) – are seeking an
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The world’s top diamond producer De Beers expects India to maintain its double digit growth in demand and hopes to globally raise production by about a quarter on the back of better outlook, a top official said. “In places like India and China, we have
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RAPAPORT… The De Beers Millennium blue diamond, a 5.16-carat, internally flawless, natural fancy vivid blue diamond, sold at Sotheby’s Hong Kong for $6,432,771 (HKD 49,940,000), a price that included the buyer’s premium. The diamond ring was from an
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De Beers is seeking a full retraction of a statement made Wednesday by African Diamonds claiming that De Beers failed to notify African Diamonds of a disposal of shares. The board of African Diamonds said they had been informed by their registrars that 1 million shares in an account allegedly controlled by De Beers were sold or transferred without the company being notified.
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[miningmx.com] — DAVID Noko, who steps down as MD of De Beers Consolidated Mines (DBCM) at the end of March, says the State Diamond Trader (SDT) needs to be fixed. Asked about widespread diamond industry dissatisfaction with the SDT Noko told Miningmx,
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Sotheby’s is set to auction off a rare, blue diamond, once part of the De Beers Millennium collection, Reuters reports . The 5.16 carat gem has an estimated value of $4.6-$5.8 million and will hit the block on April 7. “The diamond’s high and even
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David Noko, Managing Director of De Beers Consolidated Mines (DBCM), is stepping down, De Beers announced Wednesday. Noko is leaving De Beers South African mining group after eight years with the company, four of which he served as its Managing Director
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