De Beers second cycle diamond sales hit $495m

By Frank Prenesti

Date: Wednesday 08 Mar 2023

(Sharecast News) - Anglo American's diamond mining business De Beers provisionally sold $495m in rough diamonds in its second sales cycle of 2023, up from $454m in the first cycle.
The figure is a fall from the $652m recorded in the second sales cycle of 2022.

"It is also encouraging to see some positive trends in end-client demand for diamond jewellery at the start of the year," said De Beers chief executive Al Cook.

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