Tell Us More

Share a bit more information with us
to finalize your Free Quote request.

You are looking for information regarding:

2 to 10+ carat
Round Diamond
Country
United States Afghanistan Aland Islands Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia, Plurinational State of Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazil British Indian Ocean Territory Brunei Darussalam Bulgaria Burkina Faso Burundi Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Chad Chile China Chinese Taipei Christmas Island Cocos (Keeling) Islands Colombia Comoros Congo Congo, the Democratic Republic of the Cook Islands Costa Rica Cote d'Ivoire Croatia Cuba Curaçao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic East Timor Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Falkland Islands (Malvinas) Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Holy See (Vatican City State) Honduras Hong Kong Hungary Iceland India Indonesia Iran Iran, Islamic Republic of Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Korea Korea, Democratic People's Republic of Korea, Republic of Korea (South) Kuwait Kyrgyzstan Lao People's Democratic Republic Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macedonia, the former Yugoslav Republic of Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Moldova, Republic of Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands Netherlands Antilles New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island Northern Mariana Islands Norway Oman Pakistan Palestinian Territory, Occupied Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Puerto Rico Qatar Republic of China Reunion Romania Russian Federation Rwanda Saint Barthélemy Saint Helena, Ascension and Tristan da Cunha Saint Kitts and Nevis Saint Lucia Saint Martin (French part) Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Serbia and Montenegro Seychelles Sierra Leone Singapore Sint Maarten (Dutch part) Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Swaziland Sweden Switzerland Syrian Arab Republic Taiwan Tajikistan Tanzania, United Republic of Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Tuvalu Uganda Ukraine United Arab Emirates United Kingdom United States Minor Outlying Islands Uruguay Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Vietnam Virgin Islands, British Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe

Sept. 2000

De Beers looks like it will set a record of $7 billion in diamond sales this year, analysts say, comfortably beating last year’s total of $5.2 billion, which at the time was another record.

First half sales have already been $3.52 billion, a 44 percent increase over the year before, though De Beers has warned that second-half sales are likely to be below the first half.

The good sales are also being reflected by strong profits. De Beers’ profits rose to $877 million in the first half—more than triple what they were last year. Earnings per share were $2.19— also triple last year’s number.

The U.S. retail market remains the powerhouse of the market. De Beers says it will account for half of global retail sales this year, and demand has been rising faster than 10%. Japan, however, is still disappointing, with only 15% of total sales. China and India were both said to be doing well, but European sales are growing only moderately, at a rate at less than ten percent.

When asked whether De Beers’ recent acquisitions will hurt its campaign to finally gain a legal presence in the United States, after years of staying away because of anti-trust laws, managing director Gary Ralfe replied, “I am not sure. Even with these acquisitions, our level of production will still be lower than in the past. It has been declining over the last ten years as new producers come onto the market.

“As far as the American Justice Department is concerned, it is something we would like to discuss with them to see whether the way we operate meets their requirements or not. I don’t now whether that will be possible.”

Robin Walker Retires from DTC;

Lamont Takes Duties for Trade Press

This fall will see the retirement of someone we will miss a lot — Robin Walker, De Beers’ liaison with the trade press who has reached the standard De Beers retirement age of 60.

Walker was always gracious to us when we called with questions and would always go out of his way to answer our queries, to the extent that his company would allow. During our visits to De Beers’ Diamond Trading Company (DTC), his warmth and hospitality were refreshing. One of the things he told us he wants to do is to study Jewish history at Oxford.This only shows that he is not really retiring—as the old Jewish saying says, “If you are learning, you are growing, not growing old.”

Walker has worked for De Beers in various capacities for 41 years. He’s worked in Sierra Leone, Liberia, Monrovia, and the Democratic Republic of Congo, and was personal assistant to Sir Philip Oppenheimer, the late president of De Beers’ Central Selling Organisation and the brother of the recently deceased Harry Oppenheimer.

Filling Walker’s big shoes will be another gentleman, Andrew Lamont, a South African who has worked at De Beers since 1978. Lamont has also always been very helpful to us and generous with his time and we look forward to a long association with him as well.

Related Articles

Royal jewelry from Princess Margaret up for auction
Blog Archive

Royal jewelry from Princess Margaret up for auction

The eternal diamond versus lab-grown
Blog Archive

The eternal diamond versus lab-grown

White gold favorite for women buying jewelry
Blog Archive

White gold favorite for women buying jewelry