In Response to Demand, De Beers Ramps Up Production
Fourth-quarter production was up 15 percent year-over-year, with the full-year total topping 32 million carats.

The diamond miner and marketer reported late last week that Q4 2021 production was up 15 percent to 7.7 million carats, compared with 6.7 million carats in Q4 2020, principally from the Jwaneng mine in Botswana and its operations in Namibia.
Production in Botswana was up 23 percent to 5.2 million carats compared with 4.3 million carats in the prior-year period.
Namibia posted a 16 percent increase in production to 392,000 carats, while production in South Africa was flat at 1.29 million carats and production in Canada fell slightly (771,000 carats vs. 776,000 in Q4 2020).
For 2021, De Beers’ rough diamond production was up 29 percent to 32.3 million carats compared with 25.1 million carats in 2020, a year in which COVID-19 had a significant impact on mining operations.
South Africa recorded the largest increase for the year with production up 41 percent, while production rose 35 percent in Botswana and 1 percent in Namibia.
Production in Canada slipped 4 percent.
De Beers forecasts full-year production could increase slightly in 2022, with its current guidance set at 30 million-33 million carats.
As Alrosa noted in releasing its full-year 2021 results, strong demand for diamond jewelry continued in the United States over the holiday season.
De Beers’ rough diamond sales totaled 7.7 million carats from three sights in the fourth quarter compared with 6.9 million carats from two sights in the prior-year period.
The full-year consolidated average realized price for rough diamonds was up 10 percent to $146 per carat, compared with $133 per carats in 2020, primarily due to positive market sentiment, De Beers said.
The Latest

The special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.

Associate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.

The “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Two awardees will receive free tuition for an educational course at the Swiss lab, with flights and lodging included.


Berta de Pablos-Barbier will replace Alexander Lacik at the start of January, two months earlier than expected.

Sotheby’s held its first two jewelry sales at the Breuer building last week, and they totaled nearly $44 million.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Winners will receive free registration and lodging for its fourth annual event in Detroit.

Here are six ideas for making more engaging content for Instagram Reels and TikTok, courtesy of Duvall O’Steen and Jen Cullen Williams.

The honorees include a notable jewelry brand, an industry veteran, and an independent retailer.

Carlos Jose Hernandez and Joshua Zuazo were sentenced to life without the possibility of parole in the 2024 murder of Hussein “Sam” Murray.

Yood will serve alongside Eduard Stefanescu, the sustainability manager for C.Hafner, a precious metals refiner in Germany.

The New Orleans jeweler is also hosting pop-up jewelry boutiques in New York City and Dallas.

Set in a Tiffany & Co. necklace, it sold for $4.2 million, the highest price and price per carat paid for a Paraíba tourmaline at auction.

The jeweler’s “Deep Freeze” display showcases its iconic jewelry designs frozen in a vintage icebox.

Take luxury gifting to new heights this holiday season with the jeweler’s showstopping 12-carat sphene ring.

This year's theme is “Unveiling the Depths of the Ocean.”

In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

Starting Jan. 1, customers can request the service for opal, peridot, and demantoid garnet.

The 111-year-old retailer celebrated the opening of its new location in Salem, New Hampshire, which is its third store in the state.

The new catalog features its most popular chains as well as new styles.

The filmmaker’s personal F.P. Journe “FFC” prototype was the star of Phillips’ recent record-setting watch auction in New York.

The new location in the Design District pays homage to Miami’s Art Deco heritage and its connection to the ocean.

Inflations, tariffs, and politics—including the government shutdown—were among consumers’ top concerns last month.

Silas Smith of Meridian Metalworks won the challenge with his pendant that blends Australian and American landscapes.

The sale of the 31.68-carat, sunset-hued stone was part of Sotheby’s first series of events and auctions in Abu Dhabi.






















