Anglo American reports tenth rough diamond sales cycle value for De Beers

Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, De Beers Group has continued to implement a more flexible approach to rough diamond sales during the tenth sales cycle of 2022, with the Sight event extended beyond its normal week-long duration. As a result, the provisional rough diamond sales figure quoted for Cycle 10 represents the expected sales value for the period 5 December to 20 December and remains subject to adjustment based on final completed sales.

Bruce Cleaver, CEO, De Beers Group, comments:

“Demand for our rough diamonds over the final sales cycle of 2022 was in line with expectations, ahead of the normal seasonal closure of polishing factories in southern Africa over the Christmas period and with Sightholders taking a prudent approach ahead of restocking after Christmas and the expected re-opening of the China market.”

Read the article online at: https://www.globalminingreview.com/mining/22122022/anglo-american-reports-tenth-rough-diamond-sales-cycle-value-for-de-beers/