de beers

A few years later he won control of De Beers, a diamond miner that had been founded in 1880 by Cecil Rhodes, a British-born colonialist.

Tracing a gem's provenance is hard. So, to avoid the risk of bad publicity, De Beers decided to market only those it dug up itself.

It is a great pleasure for me to welcome you on behalf of De Beers to the "China Diamond Day" in beautiful Dalian.

The China factor is one reason why De Beers has decided to moderate production permanently .

De Beers has pushed back its results to February 20, to be announced alongside those of its parent, Anglo American.

One-third of De Beers' jewellery sales in Paris, he added, were to Chinese consumers buying in department stores.

De Beers sees Beijing as a new force that will hasten the decline of its largest mines in Botswana and South Africa.

Botswana pockets around 80% of the profits from its joint venture with De Beers, which yields a whopping two-thirds of De Beers's sparklers.

The Oppenheimers may have decided that De Beers is past its prime, and opted to turn their "glass with attitude" into cash.

Everyone from De Beers to the divorce lawyer will squire couples through the process, taking their cut along the way.

De Beers, however, is no longer the diamond geyser it once was.

Russia assumed the task as De Beers has principally shifted to promoting its own branded gems.

One company controls most of the diamond market -- the De Beers Consolidated Mines Company of South Africa.

We De Beers will provide you with an introduction into who we are and how we envision our role in the market.

Russia quietly passed a milestone this year: surpassing De Beers as the world's largest diamond producer.

De Beers cites western market recovery and emerging markets as foundations for continued growth.

Alrosa, controlled by Russia's federal and regional governments, has long been the second-largest producer of diamonds behind De Beers.

The miners - and De Beers in particular - have an interest in promoting this view, even if some commentators say it is not necessarily true.

It has been lucky in its mineral wealth, at first shrewdly developed by De Beers, the South African diamond giant.

"Trading conditions are tough, " said Stuart Brown, De Beers' finance director.

De Beers hit back at the claims, especially disputing Barclays' estimate that De Beers lost $100m per month in the first quarter this year.

The cold war-era diamond stockpiles held by the US and the old De Beers cartel have also been sold off.

These moves mean that De Beers' mines on the arid plains of Botswana have cranked back to life.

We are dismayed that De Beers feels that it can now return to the reserve whilst the situation with the Bushmen is still unresolved.

Botswana also has a preemption right over the Oppenheimers' shares, so it may yet increase its stake in De Beers from 15% to 25%.

De Beers operates in some tricky countries: Angola is unstable and South Africa has politicians who would love to nationalise its mines.

But business is not brisk at the branch of De Beers, the diamond seller.

Stephen Lussier, a De Beers executive, said in May, "The Chinese are building cathedrals to luxury on a scale that we cannot. "

De Beers Botswana Mining Company : Gaborone ; Chair. - Gilvie Thompson .

Diamond prices are rebounding after a slump that slashed profits at ZAO Alrosa, Rio and De Beers.

De Beers, while no longer a cartel, accounts for 40 per cent of global rough diamond sales.

This diamond ring created by artisans at diamond giant De Beers exemplifies the use of gemstones in fine jewelry.

The Indians are now ramping up their orders from rough diamond suppliers, of which De Beers is the biggest.

With the perfume of France, South Africa's diamond in the world famous De Beers diamond sales in the world control of 70%.

The De Beers Company first created the saying "A Diamond Is Forever. "

Asian markets, together with the Gulf region, will overtake the US by 2015, De Beers data show.

A portion of the shortfall comes from De Beers selling diamond mines in 2008.

By the time Rhodes died in 1902, De Beers controlled 90% of the world's diamond production.

De Beers controls around a third of the world's diamond supply.

In the first quarter, De Beers reduced output by 91 percent compared with the previous year.

Fiat of Italy and the world's largest diamond company De Beers also announced job cuts.

Largely because of the jewelry bear market, De Beers's fortunes have sunk.

The vast multinational also owns a big stake in the De Beers diamond business.

De Beers slashed production in half in 2009, producing only 24m carats.

Chinese diamond demand increased 25% in 2010, while India saw 31% rise, according to De Beers.

The Oppenheimers have been in the diamond business for more than a century, including over 80 years with De Beers.

Anglo's recent strategy has been to mine in easier places; the De Beers deal may drag it deeper into quagmires.

Bootlegged stones from Angola and Russia are cutting out the De Beers cartel

De Beers Consolidated Mines. Ltd

The De Beers Millennium Star