The company is implementing a restructuring plan after struggling amid the COVID-19 pandemic.
The money will go toward vaccine rollout in Botswana and Namibia, as well as diamond industry response efforts in India.
Slated for mid-September, it’ll be Europe’s first major live jewelry trade show since the start of the pandemic.
But De Beers saw rough diamond sales stall as the COVID-19 crisis in India impacted manufacturing capacity.
They include temperature screenings, a “no handshakes, no hugs” policy, and more.
The “Diamond Aid” campaign calls on the industry to provide aid to India.
It was originally slated for June 12-15 at the Expo Centre in Arezzo, Italy.
The colored stone miner wasn’t able to hold any regular auctions during the year.
The events won’t be held in person until 2022.
They kick off with a major one next month, IIJS Signature in India, scheduled to be held in early April.
More than 50 jewelry artists will reflect on their experiences during the global pandemic in this upcoming event.
President Joe Biden revised PPP to prioritize small business owners who may have missed out on previous rounds.
Messe München has set the dates for 2022 and is organizing another online TrendFactory event for later this year.
Players in the market talk website upgrades, price impacts and bringing that desert feel to clients.