News Cecil Martin, former AFL star

Premier League footballers are not doing enough to help disadvantaged young people, according to the American sportsman recruited by Boris Johnson to mentor London’s teenagers.

De Beers rough diamond sales plunge 13%

ROUGH diamond sales by De Beers' Consolidated Mines, the diamond giant, dropped 13 per cent in 1992 to dollars 3.42bn ( pounds 2.22bn), their lowest level in five years.

Gem giant to shock market: De Beers payout in jeopardy as destocking in Japan and lack of demand cut sales by 15%

THE FRAGILE confidence of the world diamond industry will be shaken this week when De Beers, which controls over 80 per cent of the market through its London-based Central Selling Organisation, reveals that sales fell more than 15 per cent last year and will remain depressed.

Market Report: Shares taken to record by new indices

SHARES stretched to a record high yesterday as the Christmas trading account, after a sluggish start, made its traditional acknowledgement of the festive spirit.

Minorco tightens Oppenheimer link

A SHAKE-UP at Minorco, the European arm of the giant South African Anglo American empire, has tightened its links with the Oppenheimer family, the dominant influence on Anglo.

De Beers empire loses its sparkle: Richard Dowden, Africa Editor, reports on how one family's iron grip on every part of the multi-billion-pound diamond industry is being threatened by illegal mining

THE DE BEERS board meeting on 11 August this year began normally: apologies for absence from two Rothschilds, a proposal for a new board member. As usual the board met under the sepia prints of the founders, Cecil Rhodes and Sir Ernest Oppenheimer, in the old colonial style, two-storey, brick and wrought ironwork headquarters at Kimberley in South Africa. The Oppenheimer family is sentimental.

De Beers to slash production costs

DE BEERS, the South African diamond giant, said it planned to slash production costs in response to falling demand, writes David Bowen.

Secrets in the Garden: Forever looks a bad bet for the closed world of the diamond industry in London's Hatton Garden, undercut by recession, smugglers and the Ratner row. Gail Counsell investigates

PEEL BACK the lid of an obscure corner of London called Hatton Garden, and underneath is a world that should have disappeared long ago, its anachronistic way of doing things laid to rest alongside the famously defunct Lloyd's coffee-house and the British motorcycle industry.

De Beers seeks to polish its Moscow image

THE Oppenheimers are in town cutting quite a dash as they try to ensure Russian diamonds stay within the strict boundaries of their diamond-selling monopoly, De Beers. Last night they opened elaborate new offices on Tverskaya Street where all the fashionable Western retailers are vying for space. Parliamentary deputies and businessmen came.

De Beers tries to restore confidence

DE BEERS, the South African diamond producer, yesterday launched a damage-control exercise to restore market confidence following its dividend-cut warning earlier this week.

De Beers stuns market with 26% earnings fall

DE BEERS, the South African diamond giant, yesterday shocked investors with a threatened dividend cut, plunging earnings and the resumption of a quota purchase system last used in 1982 at the depth of the recession.

Sales grow as diamonds flow again

DEMAND for rough diamonds has improved following the Central Selling Organisation's decision at the beginning of the year to restrict supplies to the market.
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