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De Beers Extends Sightholder Contract by Six Months

Summary by rapaport.com
De Beers will extend the terms of its current sightholder agreement through June 30, 2026, amid uncertainty in the diamond industry, a company spokesperson told Rapaport News on Friday. “Our focus is on the long-term success of the diamond industry, and we recognize that it continues to be a challenging environment for midstream businesses, particularly in light of the fast-evolving situation with US tariffs,” a De Beers spokesperson said. “As s…
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rapaport.com broke the news in on Sunday, September 28, 2025.
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