The company is the world's largest diamond producer by volume and second to de beers by value. Production in 2011 is expected to be in line with 2010 at around 34 to 35 million carats, but revenues are forecasted to have jumped by more than 30 percent ...

Overnight action: Greece is hit by 48-hour strike ; Barclays caps cash bonuses; de beers warns on diamond demand. Watch for: US International Trade in Goods & Services; Thomson Reuters / University of Michigan Survey of Consumers; Ben Bernanke speech ...

CAPE TOWN () - de beers posted a 21 percent rise in 2011 earnings on the back of a record sales boom at the start of last year, but the diamond producer reported a dip in annual production and said it expected to continue to rein in output ...

de beers, the world's largest diamond supplier, has had requests to participate in an investment instrument, Zart says. ?There are no diamonds futures,? Zart says. ?So a diamond ETF would have to be physically backed.? Founded in 1888 as a consortium ...

By DEVON MAYLIE CAPE TOWN?Demand for diamonds will be lower this year due to the dismal global economic climate, diamond miner de beers SA said Friday. The world's largest producer of rough diamonds reported a rise in its full year 2011 earnings ...

Diamond producer de beers has announced its final production figures and operational review for 2011, saying that the company expected global jewellery sales growth to continue next year whilst it maintained production levels. de beers reported EBIDTA ...

Lucky for de beers, tied with Russia's Alrosa for the title of the world's largest diamond producer, the demand for rough diamonds in 2011 was enough to send profits soaring 53.2 percent. Total sales rose to $7.4 billion from $5.9 billion, ...

By Devon Maylie de beers, the world's largest diamond miner, could be sounding the first warning calls that even wealthy consumers this year will be cautious buyers faced with an economic outlook that's not too shiny. Jewelry companies are buying, ...

de beers, the biggest diamond supplier in the world, saw its sales rise by more than a fifth to $6.5 billon last year thanks to a combination of lower than usual production levels and ?exceptional customer demand growth.? de beers' sales rose by more ...

Sales of rough diamonds by the Diamond Trading Company, the company's the rough diamond sales and distribution arm, increased 27 percent for the year to $6.5 billion?the second highest level of sales for the diamond giant. Diamond prices for 2011 rose ...