Anglo American Says De Beers Rough Diamond Sales for 10th Cycle Were $332 Million
22 Dezembro 2021 - 5:02AM
Dow Jones News
By Michael Susin
Anglo American PLC said Wednesday that rough diamond sales for
De Beers's 10th sales cycle of 2021 were $332 million.
The FTSE 100 mining company said the amount represents the
expected sales value for the period of Dec. 6 to Dec. 21, as the
group continues to implement flexible approaches to curb
Covid-19-related restrictions.
De Beers's ninth sales cycle between Nov. 8 and Nov. 23 amounted
to $438 million.
"Despite the ongoing challenges of Covid-19, our rough diamond
sales for the year are higher than what we saw in 2019 before the
onset of the pandemic, and much higher than our sales in 2020.
Consumer demand for diamond jewelry is continuing to perform very
well over the key holiday period, so we head towards the new year
with positive trading conditions and industry sentiment," De Beers
Chief Executive Bruce Cleaver said.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
December 22, 2021 02:47 ET (07:47 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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