The South African multinational De Beers expects to raise a provisional value of sales of rough diamonds in the order of 495 million dollars for the second sales cycle of 2023, according to Anglo American.
According to data from Endiama that Jornal de Angola had access to, the revenue raised increased by 9 percent compared to the US$454 million recorded during the first diamond sales last year, which reached US$652 million. The group’s chief executive, Al Cook, said he had witnessed a steady demand for rough diamonds, in line with his expectations.
“For example, we know that sightholders planned more of their purchases later in 2023, given the economic uncertainty at the time they were making their planning decisions in late 2022.
It is also encouraging to see some positive trends in jewelry demand with diamonds by final customers at the beginning of the year,” he said.
De Beers is a conglomerate of companies involved in the mining and trading of diamonds. The company is active in all categories of the diamond mining industry: open pit, underground, large scale alluvial, deep sea or on slopes.
The company is present in the national market with participation in several mining projects.
