The revamped, elevated space will feature a two-story Patek Philippe atelier and a rooftop patio for parties.
De Beers diamond production up 5 percent in ‘14
Though a safety stoppage impacted mining in the fourth quarter, parent company Anglo American reported that De Beers finished the year ahead.
London--Though a safety stoppage impacted mining in the fourth quarter, parent company Anglo American reported that De Beers finished the year ahead.
De Beers mined a total of 32.6 million carats of rough diamonds in the fiscal year ended Dec. 31, compared with 31.2 million in 2013, a 5 percent increase.
Anglo American said the increase was due to increased production from Debswana, its joint venture with the government of Botwana. The Jwaneng and Orapa mines there both delivered higher output as a result of improved performance by their processing plants.
For the fourth quarter ended Dec. 31, production was down 8 percent from 9.1 million carats to 8.4 million carats. A mandatory safety stoppage at the Snap Lake mine in Canada as well as lower grades at Orapa and Venetia drove the decrease.
Compared to the third quarter 2014, diamond production was up slightly, rising 2 percent.
De Beers is the second of the world’s major diamond miners to report its 2014 production figures. Last week, Rio Tinto released its numbers for the year, revealing that rough production fell 13 percent year-over-year in 2014.
The Latest

The special-edition piece marks the 140th anniversary of the iconic beverage brand.

Here are 13 small charms to inspire your layered looks this summer.

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

Found by a metal detectorist, the ring likely belonged to a wealthy, possibly royal, owner, said Noonans.


Our Pride Month Piece of the Week, the “Margaux” ring, is part of the wife-and-wife team’s new “Lovestoned” collection.

The group has named the keynote speaker and announced a new pavilion for its next event, which is slated for September.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

From lions and hippos to snails and fish, Senior Editor Lenore Fedow wrangles her picks for cutest jewelry critters in Las Vegas.

Marie-Laure Cérède will join Chanel as the new director of its jewelry creation studio, starting in October.

At the JCK show, the lab-grown diamond brand teamed up with Jewelers for Children to support Make-A-Wish India.

It was a banner day for blue gemstones, with another blue diamond topping $8 million and a 41-carat sapphire going for $2.3 million.

The approval means the retailer is on track to exit bankruptcy proceedings this summer.

The men are believed to be part of the group of several masked suspects that robbed Marc Robinson Jewelers in April.

The bridal-focused brand is also launching its Custom Atelier this summer, a digital custom design tool for its authorized retailers.

The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.

The panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.

The company has promoted Katherine Whitacre to the role.

The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

Morrison has been marketing diamonds on and off since the early 2000s and said she is leaving to “pursue new projects.”

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.






















