27
Jun
CHAMWE KAIRA Anglo American plc this week announced the value of rough diamond sales (global sightholder sales and auctions) for De Beers’ fifth sales cycle of 2024, amounted to US$315 million. Al Cook, CEO of De Beers, said: “The northern summer is generally a quieter period for rough diamond sales, and this was reflected in our cycle five sales. The recent annual JCK jewellery show in Las Vegas confirmed a resurgence in retailers’ interest in natural diamonds in the United States but ongoing economic growth challenges in China mean we continue to expect a protracted U-shaped recovery in demand.” Cook…