Anglo announces latest De Beers’ rough diamond sales value
Published by Will Owen,
Editor
Global Mining Review,
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ sixth sales cycle of 2023, amounting to US$410 million.
The provisional rough diamond sales figure quoted for Cycle 6 represents the expected sales value for the period 10 and 25 July and remains subject to adjustment based on final completed sales.
Al Cook, CEO of De Beers, said:
“In line with seasonal trends, rough diamond sales continued at a lower level during the sixth sales cycle of the year. Participants in the diamond industry’s midstream sector continue to take a cautious approach to purchases in light of ongoing macroeconomic challenges.”
Read the article online at: https://www.globalminingreview.com/exploration-development/31072023/anglo-announces-latest-de-beers-rough-diamond-sales-value/
You might also like
Epiroc breaks ground on new global distribution centre in Sweden
Epiroc AB, a leading productivity and sustainability partner for the mining and infrastructure industries, is breaking ground on a new major distribution centre in Örebro, Sweden. The top-modern facility will be a global hub for Epiroc’s aftermarket products, benefiting customers by enabling a more efficient supply of goods.