Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back

The De Beers Diamond Consortium is an international corporation that specializes in diamond mining, diamond exploitation, diamond retail, diamond trading and industrial diamond manufacturing sectors. The company is active in open-pit, large-scale alluvial and coastal mining.

Reducing Activities: company scaling back some business operations while continuing others

Stay Scaling Back
Glob.Revenue, mln.USD
6753
The Company Statement
October 23, 2023

De Beers said it had removed Russia from its third-party sourcing list after the Ukraine war started in February 2022, and was adamant that it no longer sourced any Russian diamonds.

June 05, 2024De Beers proposed measures to combat Russian diamonds
February 11, 2024De Beers and ODC opposed the G7 ban on trade in Russian diamonds
February 06, 2024De Beers and Botswana express G7 concerns over diamond sanctions
February 06, 2024De Beers, Botswana flag concerns to G7 on diamond sanctions
December 07, 2023India, De Beers seek clarity, flexibility on G7's Russian diamond ban
May 28, 2023Flat Denial: De Beers Hits Back on Claim it Broke Russian Sanctions
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