Anglo American plc has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ fifth sales cycle of 2023, amounting to US$450 million.
The provisional rough diamond sales figure quoted for Cycle 5 represents the expected sales value for the period 5 and 20 June and remains subject to adjustment based on final completed sales.
Al Cook, CEO of De Beers, said:
“Following the JCK Show, and with ongoing global macroeconomic challenges continuing to impact end-client sentiment, the diamond industry remains cautious heading into summer. Reflecting this, we saw demand for De Beers rough diamonds during the fifth sales cycle of the year slightly softer than in the fourth cycle.”
Read the article online at: https://www.globalminingreview.com/trade-transport/06072023/anglo-american-reports-fifth-rough-diamond-sales-cycle-for-de-beers-of-2023/
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