Sourcing

De Beers Backs Calls to Take Down Founder’s Statue in UK

SourcingJun 12, 2020

De Beers Backs Calls to Take Down Founder’s Statue in UK

Hundreds of protestors are demanding Oxford’s Oriel College remove the statue of Cecil Rhodes.

Oxford, U.K.—Protestors have taken to the streets in the U.K. to demand the University of Oxford’s Oriel College tear down a statue of De Beers founder Cecil Rhodes, and De Beers supports them.

In a statement shared with National Jeweler Friday, the company said: “Symbols matter, and we will not achieve equality, social justice and healing unless those bearing symbols of inequality, injustice and pain take them down.
 
“Cecil Rhodes was one of our founders in 1888. We reject what he stood for, and while we can’t rewrite that history, we can bear the responsibility of history to build a better legacy.”

The company said Rhodes “would not recognize the De Beers of today, and we’re very proud of that.”

“The men and women of De Beers, the majority of whom are citizen-owners of the company across southern Africa, have worked for decades to build a positive legacy that has tangible and lasting benefits for the communities in which we live and work.”

The move to remove Rhodes comes as protests ignite around the world in support of the Black Lives Matter movement and following the murders of George Floyd in Minneapolis and Breonna Taylor in Louisville, Kentucky.

In the U.K., the movement has “reignited a debate about monuments glorifying Britain’s imperialist past,” Reuters reported
Embed from Getty Images
Rhodes, an English businessman, was a central figure in British imperialism at the end of the 1800s, encouraging the empire to take control of vast areas of southern Africa.

Rhodes attended Oriel College, where his statue is currently located, in the 1870s. After his death in 1902, he left Oxford money and endowed the sought-after scholarships that still bear his name.

This isn’t the first time protestors have called for Oriel to remove the Rhodes statue.

The current movement is part of a campaign called “Rhodes Must Fall,” started in 2015 in South Africa—resulting in the removal of a statue at the University of Cape Town—and then adopted in Oxford by those who say he represents white supremacy and that his views don’t align with the university’s inclusive culture.

Oriel College refused to take down the statue then.

In a June 9 statement addressing the recent protests, the school said it believes in the message of Black Lives Matter and supports the right to peaceful protest, but told the BBC it has not changed its stance on the statue. 
“The power of education is a catalyst for equality and inclusiveness. We understand that we are, and we want to be, a part of the public conversation about the relationship between the study of history, public commemoration, social justice, and educational equality. As a college, we continue to debate and discuss the issues raised by the presence on our site of examples of contested heritage relating to Cecil Rhodes.”

Some public figures have spoken out against the removal of such monuments, arguing they reflect history and should be used to start discussions.

But demonstrators argue that the statue of Rhodes shouldn’t have a place of pride on the façade of Oriel College, overlooking the town’s main drag.

According to a CNN report, on Tuesday protestors took a knee, put their fists in the air and observed a moment of silence for 8 minutes and 46 seconds, representing the amount of time Minneapolis police officer Derek Chauvin held his knee on Floyd’s neck, ultimately killing the 46-year-old father.

As of Thursday afternoon, more than 164,000 people had signed a petition on Change.org to have the statue taken down.

Brecken Branstratoris the senior editor, gemstones at National Jeweler, covering sourcing, pricing and other developments in the colored stone sector.

The Latest

Fabergé x 007 Octopussy egg and pendant
CrimeDec 04, 2025
Man Arrested After Allegedly Swallowing Fabergé Egg Pendant

The man was charged with theft, accused of ingesting the necklace while in a jewelry store in Auckland, New Zealand.

Exterior of renovated and expanded J.R. Dunn Jewelers
IndependentsDec 04, 2025
Step Inside JR Dunn Jewelers’ Giant New Store

The Florida independent expanded its store from 8,000 to 14,000 square feet, fulfilling the vision of its late co-founder, Jim Dunn.

DD-Email-Image-1872x1052 (1).jpg
Supplier BulletinDec 04, 2025
Introducing Shop Natural Day: A New Movement Celebrating Natural Diamonds

Sponsored by De Beers Group

Recipients Collage 2025 - NJ (1872 x 1050 px) (1872 x 1052 px).png
Brought to you by
Impacting Tomorrow Today

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

G-Shock DWN5600 Ring
WatchesDec 04, 2025
Casio Shrinks its G-Shock Watch

The classic 5600 series G-Shock has been scaled down to about a tenth of its size, becoming a fully functioning watch ring.

Weekly QuizDec 04, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Accredited Gemologists Association logo
Events & AwardsDec 04, 2025
AGA Announces 2026 Tucson Speaker Lineup

The association’s annual conference and gala will take place Feb. 4, 2026, during the Tucson gem shows.

 CBG logo
Events & AwardsDec 04, 2025
CBG Announces Speaker Lineup for 2026 Miami Event

The January show will include a workshop for jewelry retailers on implementing AI to strengthen their businesses.

roseco-catalog.png
Brought to you by
Roseco Releases New Full-Line Catalog

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Miley Cyrus and Maxx Morando Engagement Ring
TrendsDec 03, 2025
Miley Cyrus Debuts Edgy Engagement Ring

Fellow musician Maxx Morando proposed to the star with a chunky, cushion-cut diamond ring designed by Jacquie Aiche.

Costco store
Policies & IssuesDec 03, 2025
Costco Joins Growing Wave of Retailers Suing for Tariff Refunds

The retailer, which sells billions in fine jewelry and watches, is suing the Trump administration and U.S. Customs and Border Patrol.

Shoppers in a mall
SurveysDec 03, 2025
A Record 202.9M Shoppers Turned Out Thanksgiving Weekend

Black Friday is still the most popular shopping day over the five-day holiday weekend, as per the National Retail Federation’s survey.

Faberge The Winter Egg
AuctionsDec 03, 2025
Fabergé’s 'The Winter Egg' Achieves Record $30M

The historic egg, crafted for Russia's ruling family prior to the revolution, was the star of Christie’s recent auction of works by Fabergé.

Vera Wang Love lab grown diamond engagement ring
FinancialsDec 02, 2025
Signet Jewelers’ Q3 Sales Up Amid Continued Focus on Lower Price Points

The retailer offered more fashion jewelry priced under $1,000, including lab-grown diamond and men’s jewelry.

Briony Raymond holding Briony Raymond Eau De Parfum
CollectionsDec 02, 2025
Briony Raymond Introduces First Fragrance

The eau de parfum is held in a fluted glass bottle that mirrors the decor of the brand’s atelier, and its cap is a nod to its “Sloan” ring.

Lee Krombholz, Michael Coan, Donna DeLucia, Joanna Joy Seetoo
MajorsDec 02, 2025
Lee Krombholz Takes Over as Chair of MJSA Education Foundation

In addition, a slate of new officers and trustees were appointed to the board.

Retail Jewelers Organization logo
IndependentsDec 02, 2025
RJO Welcomes Its 1,200th Retail Member

Witt’s Jewelry in Wayne, Nebraska, is the organization’s new milestone member.

Empress Eugénie pearl and diamond tiara
CrimeDec 01, 2025
Fourth Man Charged in Louvre Jewelry Heist

The man, who has a criminal history, is suspected of being the fourth member of the four-man crew that carried out the heist.

Van Cleef & Arpels zipper necklace Christies
AuctionsDec 01, 2025
Christie’s Presents ‘Splendor & Style’ Collection

The single-owner collection includes one of the largest offerings of Verdura jewels ever to appear at auction, said Christie’s.

Lustig Jewelers employees in store
IndependentsDec 01, 2025
Lustig Jewelers’ New Owner Is a Fellow Chicago Jeweler

Michael Helfer has taken the reins, bringing together two historic Chicago jewelry names.

Retrouvaí Classic Diamond Domino Necklace and Kwiat Entwine Platinum and Diamond Drop Earrings
MajorsDec 01, 2025
PGI Debuts Platinum-Filled Holiday Gift Guide

The guide features all-new platinum designs for the holiday season by brands like Harwell Godfrey, Ritani, and Suna.

Movado Connect 2.0 watches
FinancialsNov 26, 2025
Movado CEO Talks Tariffs, Growing Interest in Accessible Luxury Watches

During its Q3 call, CEO Efraim Grinberg discussed the deal to lower tariffs on Swiss-made watches, watch market trends, and more.

Rosior Pumpkin Ring
TrendsNov 26, 2025
Piece of the Week: Rosior’s Pumpkin Ring

Rosior’s high jewelry cocktail ring with orange sapphires and green diamonds is the perfect Thanksgiving accessory.

Greenwich St. Jewelers Embrace Your True Colors Holiday Campaign
IndependentsNov 26, 2025
Greenwich St. Jewelers Launches Colorful Holiday Campaign

The “Embrace Your True Colors” campaign features jewels with a vibrant color palette and poetry by Grammy-nominated artist Aja Monet.

Alejandro Cuellar
MajorsNov 26, 2025
Serafino Consoli Names New VP of Sales, Brand Development for the Americas

Luxury veteran Alejandro Cuellar has stepped into the role at the Italian fine jewelry brand.

Grandview Klein scholarships
Events & AwardsNov 26, 2025
Grandview Klein Presents 4 Scholarships in Namibia

The company gave awards to four students at the Namibia University of Science & Technology, including one who is a Grandview Klein employee.

Margaret “Maggie” Hoisik
IndependentsNov 25, 2025
Pearl Stringer Margaret Hoisik Dies

She is remembered as an artist who loved her craft and was devoted to her faith, her friends, and her family.

Finestar manufacturing
SourcingNov 25, 2025
Finestar Opens Diamond Manufacturing Facility in Johannesburg

It joins the company’s other manufacturing facilities globally, including in India, Botswana, and Namibia.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy