de beers' full year diamond production was 31.3 million carats (2010: 33.0 million carats), a decrease of 5%, the diamond giant announced last week in a press release. During H1, de beers produced 15.5 million carats, similar to that of H1 2010 (15.4 ...
Stephen Lussier, CEO of de beers' Forevermark diamond brand, announced last week that Retail Director Kazuo Nomura has been appointed as Managing Director of Forevermark for Japan. ?Kaz? succeeds David Rudlin who has successfully managed the launch of ...
The large quantities of rough diamonds from Zimbabwe's Marange mines currently entering the market will have little impact on demand for de beers goods or its prices, Philippe Mellier, de beers chief executive officer (CEO) told News.
de beers reported a 26 per cent increase in total sales to US$ 7.4 bn, a 21 per cent rise in EBITDA to US$ 1.7 bn and a 62 per cent increase in earnings to US$ 968 mn during 2011 notwithstanding the fact that it described the second half of 2011 as one ...
A spokesperson for de beers, the international firm which owns the Victor mine, told Al Jazeera that Canada's government and indigenous groups need to work out some kind of revenue sharing agreement. Presently, de beers pays money to Attawapiskat via a ...
The workers were to be assisted by staff from the nearby de beers diamond mining operation. The 22 modular homes, ordered in December as the political scandal over Attawapiskat raged in Ottawa, cost $2.4 million. de beers signed on to be the project ...
de beers group sales jumped 26 percent year on year to $7.38 billion in 2011 driven by strong rough diamond price growth in the first half of the year. The company noted that prices at its Diamond Trading Company (DTC) distribution unit rose 29 percent ...
Overnight action: Greece is hit by 48-hour strike ; Barclays caps cash bonuses; de beers warns on diamond demand. Watch for: US International Trade in Goods & Services; Thomson Reuters / University of Michigan Survey of Consumers; Ben Bernanke speech ...
The company is the world's largest diamond producer by volume and second to de beers by value. Production in 2011 is expected to be in line with 2010 at around 34 to 35 million carats, but revenues are forecasted to have jumped by more than 30 percent ...
Diamond miner de beers has reported a 26% rise in sales to $7.378 billion for the year ended December 2011 from $.5.877 billion a year ago. During the year the group predicted 31.3 million carats from 33.0 million a year ago.