Skip to main content

Anglo announces latest De Beers’ rough diamond sales value

Published by , 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

Mining's Electric Revolution

Marc Melkonian, Aramine, France, considers the many benefits of adopting battery-powered vehicles for the mining industry’s future.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Anglo American news Diamond mining news