Further signs of steady demand boost De Beers tenth sales cycle

By Simone Liedtke      / December 18, 2019 / www.miningweekly.com / Article Link

Anglo American has announced that the value of rough diamond sales for De Beers’ tenth cycle of 2019 amounted to $425-million.

This is an improvement of $25-million on the ninth sales cycle, which saw De Beers rake in $400-million.

Advertisement

CEO Bruce Cleaver said that the company saw “further signs of steady demand” during the cycle following continued polished diamond price stability in the lead up to the final sales of the year.

To watch Creamer Media's latest video reports, click here
 Advertisement

Recent News

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com

Rise in gold stocks propels TSXV Mining

August 25, 2025 / www.canadianminingreport.com

Market sees gold sector nearing full value overall after target upgrades

August 18, 2025 / www.canadianminingreport.com

Gold stocks gain even as metal pulls back

August 18, 2025 / www.canadianminingreport.com

Gold stocks rocket to new highs, valuations no longer inexpensive

August 11, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok