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De Beers’ 2023 second sales cycle value announced by Anglo American

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Global Mining Review,


Anglo American plc has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ second sales cycle of 2023, amounting to US$495 million.

The provisional rough diamond sales figure quoted for Cycle 2 represents the expected sales value for the period 20 February and 7 March and remains subject to adjustment based on final completed sales.

Al Cook, CEO, De Beers Group, said:

“In this, my first Sight update to the market, I am pleased to see continued steady demand for rough diamonds in line with our expectations for sales as the year progresses. For example, we know that Sightholders planned more of their purchases for later in 2023, given the economic uncertainty at the time they were taking their planning decisions at the end of 2022. It is also encouraging to see some positive trends in end client demand for diamond jewellery at the start of the year.”

Read the article online at: https://www.globalminingreview.com/mining/13032023/de-beers-2023-second-sales-cycle-value-announced-by-anglo-american/

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Anglo American news Diamond mining news