Tag Archives: Bruce Cleaver

De Beers unveils plans to pilot programme to support artisanal miners

De Beers Group announced it is preparing to pilot a programme called GemFair to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (SM) diamonds. GemFair will use dedicated technology to record ASM production at mine sites that meet demonstrable ethical standards, with the aim of purchasing of rough diamonds

De Beers aims to underpin consumer confidence with first blockchain initiative

De Beers Group today announced it is progressing development of the first blockchain technology initiative to span the diamond value chain and provide a single, tamper-proof and permanent digital record for every diamond registered on the platform. The initiative aims to underpin confidence in diamonds and the diamond industry by ensuring that all registered stones

De Beers Group announces changes to executive committee

The De Beers Group has announced three changes to its executive committee. Neil Ventura, currently executive vice-president, auction sales, will become executive vice-president, strategy and innovation; Paul Rowley, currently executive vice-president, global sightholder sales, will become executive vice-president, diamond trading; and Alessandra Berridge, currently lead legal counsel for M&A at Anglo American, will become executive

Plans underway for world’s largest offshore diamond mining vessel

Debmarine Namibia, a 50/50 joint venture between the Government of the Republic of Namibia and De Beers Group, today announced it is planning for the construction of the world’s largest custom-built diamond mining vessel. The new vessel, which is projected to cost approximately US$142 million (£107m), is expected to commence operations in 2021. It will

De Beers partners with UN to advance gender equality

The De Beers Group has announced a three-year partnership with UN Women to accelerate the advancement of women across its organisation, in its diamond producing countries and in its marketing. As a UN Women partner, De Beers has committed to achieving parity in the appointment of women and men into senior leadership roles, investing in

Global diamond jewellery demand bounces back

Worldwide diamond jewellery sales hit $80bn (£62bn) in 2016, reveals the De Beers Group. Reversing a dip the year before when demand from China and India slumped, global diamond jewellery sales bounced back, with marginal growth predicted for 2017. Global sales were largely bolstered by rising demand in the US, where according to industry insight

De Beers invests in research to make carbon-neutral mining a possibility

De Beers Group today announced it is leading a ground-breaking research project that aims to deliver carbon-neutral mining at some of the company’s operations in as few as five years. The company’s scientists are working in close collaboration with a team of internationally-renowned scientists to investigate the potential to store large volumes of carbon at

De Beers reports optimistic rough diamond sales performance

The De Beers Group of Companies has announced the value of rough diamond sales for the first cycle of 2017. The provisional sales values for cycle 1, which include global sight-holder sales and auction sales, is $720 million (£575 million). This figure represents sales as of 23 January 2017, and is £298 million lower than the