Anglo releases De Beers’ third rough diamond sales value
Published by Jane Bentham,
Editorial Assistant
Global Mining Review,
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ third sales cycle of 2024, amounting to US$445 million.
The provisional rough diamond sales figure quoted for Cycle 3 represents the expected sales value for the period and remains subject to adjustment based on final completed sales.
Al Cook, CEO of De Beers, said: “Many diamond businesses are continuing to take a cautious approach to purchases amidst the uncertain economic landscape and the slow pace of growth in China. However, we saw a further uptick in our rough diamond sales in our third sales cycle, ahead of what is usually a slower period for rough diamond demand in the second quarter of the year.”
Read the article online at: https://www.globalminingreview.com/mining/17042024/anglo-releases-de-beers-third-rough-diamond-sales-value/
You might also like
Thinking Safety
Jerad Heitzler and Dan Marshall, Martin Engineering, USA, outline how implementing practical safety improvements around conveyor belts can prevent avoidable injuries and lower operating costs.