De Beers Opens Venture Capital Shop in Silicon Valley
Forbes reported the De Beers Group has established a venture group capital fund and opened an office in Santa Clara, Calif.
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Jewellers to Visit Botswana Diamond Mine
Jeweller Magazine reported members from Nationwide Jewellers in Australia will visit the Jwaneng diamond mine in Botswana.
Rough Diamond Demand Growth to Hit Record
Reuters Africa reported De Beers expects global demand growth for rough diamonds to set a new record this year.
De Beers in new 10-year sales deal with Botswana
Reuters reported De Beers signed a new 10-year contract for a joint venture with Botswana to sort, vault and sale diamonds from Debswana.
De Beers to Switch Its Diamond Trading Activities to Botswana From London
Bloomberg reported De Beers has agreed to move sorting and trading of the gems to Botswana by the end of 2013.
Petra Assumes Management of Finsch Diamond Mine
Mining Weekly reported Petra Diamonds (LON:PDL,PINK:PDMDF) has acquired the Finsch diamond mine in South Africa from De Beers.
Petra Gets Approval to Buy De Beers’ Finsch Diamond Mine for $210 Million
Bloomberg reports Petra Diamonds Ltd. (LON:PDL) will buy a diamond mine from De Beers for $210 million.
De Beers Namibia Workers Will Strike
Bloomberg reports Namdeb said workers plan to start a strike tomorrow over housing allowances.
De Beers Diamond Sales Up 33 Percent
Forbes reports De Beers Group says that high prices and strong demand has resulted in a record for rough diamond sales.
De Beers to Decide on R10bn Venetia Expansion Next Year
Mineweb reports De Beers will take a decision on the R10-billion underground expansion of the Venetia mine.
