'That combination of a rising economy, a growing middle class, and a deepening love of diamonds and jewellery is what we see really doubling the market for diamonds over the next five years.'
De Beers' branded jewellery is available across the world.
De Beers, the world's biggest diamond producer, has appointed its first black managing director who will head its South African operations.
'We need to see how quickly the industry comes out of the impact of the note ban.'
De Beers' will now have 82 sightholders; half are Indian entities.
Deccan Gold Mines on Monday said it has signed an agreement with diamond mining firm De Beers India, which will allow De Beers to mine diamonds in Deccan.
'We don't trade with any business where we have specific concerns,' a De Beers spokesperson said.
A sightholder is a company on the Diamond Trading Company's list of authorised bulk purchasers of rough diamonds.
Diamond Trading Corporation, the marketing arm of the world's largest diamond producer De Beers, is planning to increase its intake by 25 per cent from its last year's sale of $3.5 billion.
De Beers does not expect any recovery in demand for diamonds until Christmas next year at the earliest and is planning to cut production drastically.
Come December, the Forevermark brand will take on India's leading diamond retailers
Suddenly, the legendary advertising line -- a diamond is forever -- is losing its shine.
Despite various challenges, the past year was a good one, says Bruce Cleaver, chief executive officer of the De Beers Group, the global corporation that has been the leading one in all aspects of the diamond trade for over a century.
With Valentine's Day falling on a Friday, travel is picking up as people look for quick getaways.
After a successful two months since its Bangalore launch, De Beers, the world's premier diamond mining company, introduced its iconic jewellery brand, Forevermark, in Mumbai this Monday.
Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.
The Australian actress took home her first-ever Emmy trophy, winning Outstanding Supporting Actress in a Drama Series for her role as Princess Diana in The Crown.
While social media has been agog about Emma's necklace, Maharaja Bhupinder Singh's grandson Captain Amarinder Singh (retd), the former Punjab chief minister, hasn't said anything yet.
Four of five new bulk purchasers named by De Beers, the prime global purveyor, are from India.
As part of this, the state government is planning to engage global diamond mining company De Beers for undertaking a detailed survey of the diamond reserves in Nuapada.
De Beers started a grading and inscription facility at Surat in Gujarat.
Government will start to auction the rights to up to 70 diamond and gold exploration zones to mining companies this year
Due to less supply and rising demand from American and Asian markets on the back of economic recovery, the prices of rough diamonds ('roughs') have risen 50 per cent since July.
Technicians and officials of global diamond major DeBeers and the Directorate of Geology and Mining have been surprised to find a piece of diamond at one of the bore pit in the bed of the Vaghin river near Kalinjer Fort in Banda district. The Uttar Pradesh government has started getting results from its two-year-old "Diamond Exploration" project. Multi-national firm DeBeers is already conducting preliminary survey of the region
Indian diamantaires are looking to go slow on rough diamond purchase during the remaining quarters of the current financial year, thanks to weak global sentiment.
Rajesh Bhayani examines what SEBI's approval of diamond futures trading means for the diamond market players.
Read on to find out more!
One thousand and five hundred diamond polishing units of Surat had got together to challenge the monopoly of multinationals by sourcing rough diamonds straight from miners.
De Beers, the world's premier source for rough diamonds, has painted an attractive picture for jewellery demand.
We present here a list of 10 richest diamond mines in the world
Only time will tell how well the rainbow shines in the African sun.
A spectator was ejected from the ground on Friday after India's Shanthakumaran Sreesanth complained to the umpires about verbal abuse on the second day of the first Test against South Africa.
An unusually large pink diamond sold for a record-breaking $50 million (Rs 361 crore) on Tuesday at Christie's auction house in Geneva. Christie's said renowned jeweller Harry Winston was the buyer, saying it was a new world record price per carat for a pink diamond.
The explorations by the world's biggest diamond producer De Beers and the country's largest iron ore miner NMDC have found traces of kimberlite and lamproite in Orissa, Andhra Pradesh and Karnataka, indicating possible diamond deposits there.
A spectator was ejected from the ground on Friday after India pace bowler S Sreesanth complained to the umpires about verbal abuse on the second day of the first Test against South Africa at the SuperSport Park in Centurion.
All-rounder Connor Sully played a pivotal role in Australia's thrilling two-wicket win over England in a pulsating Group B match of the ICC U-19 World Cup, in Kimberly, on Thursday. He took two wickets and later smashed a crucial 35 as Australia first restricted England to 252 for 7 and then overhauled the target with the last ball of the match at the Diamond Oval.
A match at the historic Eden Gardens in Kolkata made Mickey Arthur realise the transition he has gone through in his life from being a provincial coach to the head of the South Africa national cricket team.
The economic downturn in the world's jewellery markets has checked the growth of India's diamond export industry, cutting the workforce by as much as 25 per cent and forcing one of the country's most promising export sectors to seek government help.
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