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.
De Beers’ Conservation Effort Relocates More Elephants
The “Moving Giants” project will move 200 elephants from overcrowded South Africa to a spacious national park in Mozambique.

Johannesburg—De Beers is one step further to relocating 200 elephants from South Africa to a protected national park in Mozambique.
The diamond company announced last week that the second group of elephants has been moved from the Venetia Limpopo Nature Reserve in South Africa, where too many elephants are endangering the ecosystem, to Zinave National Park in Mozambique, where the elephant population is dwindling.
Venetia Limpopo Nature Reserve can accommodate about 60 elephants without harm to the ecosystem, but the population grew to 270 prior to the first relocation.
Zinave National Park can accommodate around 500 elephants, but the country’s 15-year civil war took a toll on its wildlife and environment.
De Beers began its “Moving Giants” conservation effort last summer, partnering with non-profit Peace Parks Foundation to translocate the elephants over a period of three years.
In July and August 2018, a total of 48 elephants traveled 932 miles to Mozambique in family groups, consisting of matriarchs, younger males and females, and calves.
The first herds of elephants have been integrating with other herds at Zinave National Park and have been “thriving” with more space and food available, the company said in a release.
In June and July 2019, a total of 53 elephants have been moved to the park, with the final herd arriving last week.
The remaining elephants in the South African reserve will be moved next year to Mozambique national parks with room for them.
Peace Parks co-manages Zinave National Park with the Mozambique government and watches over the elephants as they adjust to their new environment.
“The future of the African elephant is bleak in most parts of Africa, except for the southern Africa region, where the outlook on their population numbers are stable and even, in some cases, increasing,” Peace Parks Foundation CEO Werner Myburgh said in a statement.
“Zinave National Park in Mozambique is one of these places and brings hope as a new founder population is on the rise. A rare new beginning in today’s day and age, where there is space and safety for these gentle giants.”
Peace Parks works with the local communities, providing employment and tourist dollars through the park as well as investing in community agriculture, bee keeping and water system improvements.
In Mozambique, 20 percent of a national park’s revenue is granted to the local community.
De
Zinave has trained 25 new field rangers from location communities, purchased an aircraft for aerial surveillance, installed a digital radio network and set up an anti-poaching operations control room.
“To be part of a conservation effort that will rehabilitate a national park in Mozambique and at the same time ensure that other species at one of our nature reserves in South Africa can flourish makes me feel very proud,” De Beers CEO Bruce Cleaver said.
The Latest

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.

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

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.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

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.

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.

Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.

The Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.

The retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.

The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.






















