Tag Archives: de beers group

De Beers Group enters deal to acquire Peregrine Diamonds

De Beers Group has confirmed that its Canadian mining business, De Beers Canada, has entered into an agreement to acquire 100% of the outstanding securities of Peregrine Diamonds. Peregrine, the owner of high-quality Chidliak diamond resource, is located in Canada’s Nunavut Territory and had a purchase price of C$0.24 (£0.13) per share, for a total

GET TO KNOW: The lab-grown diamond brand De Beers is launching to market

A quick look on Professional Jeweller’s Twitter feed at any point in the day yesterday revealed members of the jewellery industry were only talking about one thing – the De Beers Group’s move into machine-made diamonds. Headlines in the media included: “De Beers admits defeat over man-made diamonds”; “De Beers has scorned lab-made diamonds for

OPINION: What does De Beers expanding into lab-grown diamond jewellery mean for the industry?

Cred Jewellery director, Alan Frampton, shares his thoughts on the announcement that the De Beers Group has now launched into lab-grown diamonds jewellery. Words by Alan Frampton After years investing in lab-grown diamond production De Beers have entered the market. They knew this was coming. In 2012 when the Oppenheimer family sold their interest in

De Beers Group adds lab-grown diamond brand to portfolio

The De Beers Group has announced the launch of a new company called Lightbox Jewelry, which will begin marketing a new brand of laboratory-grown diamond fashion jewellery in September. The Group’s new brand, ‘Lightbox’, will offer consumers high-quality, fashion jewellery designed at what it believes to be lower price points than what is currently available

Forevermark trials new retail concept geared towards millennials

De Beers diamond jewellery brand, Forevermark, has launched a new retail concept for its flagship store in China designed to target millennial consumers. Libert’aime by Forevermark, a new flagship store at HKRI Taikoo Hui in Shanghai, marks the 1,000th Forevermark store in China and celebrate the the spirit of a new generation of fashion-forward self-purchasing

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

De Beers Group unveils winners of 2016/17 Shining Light Awards

The De Beers Group has unveiled the winners of the 2016/17 Shining Light Awards: The De Beers Young Jewellery Designers Skills Development Initiative, which were revealed at a red carpet event in Windhoek, Namibia. The awards, which recognise and celebrate emerging jewellery designers in Botswana, Namibia and South Africa, provide entrants with a valuable platform

De Beers supports female micro-entrepreneurs in Botswana

De Beers Group and United Nations Women, in collaboration with Botswana’s Ministry of Nationality, Immigration and Gender Affairs, has announced a BWP8 million (£575,648) three-year investment in capacity-building programmes to support female micro-entrepreneurs in select villages in the Okavango Delta and Kweneng District. In the Okavango Delta, De Beers and UN Women will work with