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The story of De Beers

Diamond mining and selling company formed at Kimberley in 1888; part of Anglo American since 2012.

12 Mar 1888 –

De Beers. Diamond mining and selling company formed at Kimberley in 1888; part of Anglo American since 2012.

1888

1888–1897: Barney Barnato, board member of De Beers.

12 Mar 1888: Barney Barnato founded De Beers. One of four first shareholders. Cecil Rhodes founded De Beers. First chair.

12 Mar 1888 – 1902: Cecil Rhodes, chair of De Beers.

According to De Beers. This is one side’s account, not established fact.

1926

Ernest Oppenheimer, board member of De Beers.

1929

Ernest Oppenheimer, chair of De Beers.

2 Dec 1938

De Beers awarded a contract to N. W. Ayer & Son. $10,000, Diamond Market Investigation Survey and Report.

U.S. Department of Justice

1945

De Beers, charged by the U.S. Department of Justice. Civil suit alleging a conspiracy to restrain and monopolize commerce in gem and industrial diamonds.

21 May 1945: De Beers, decision overturned by the U.S. Supreme Court. Preliminary injunction on its property in the United States set aside; the suit itself was not decided.

A charge is an accusation, not a finding of guilt.

1975

De Beers owns a stake in Debswana. 50%.

The Government of Botswana began with 15 percent of the equity in 1969.

until 2000

Central Selling Organisation, part of De Beers.

De Beers, not the same as De Beers Centenary AG.

U.S. Supreme Court

28 sourced connections, each with its evidence. Open the explorer to follow any of them further, filter by lens, or move through time.

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Drawn from the sourced links on De Beers. Change a link and this story changes with it.

Pictures, from Wikimedia Commons: U.S. Department of Justice, APK, CC BY 4.0; U.S. Supreme Court, UpstateNYer, CC BY-SA 3.0.