Anglo American PLC has announced the rough diamond sales value for De Beers' first sales cycle of 2024, amounting to $370 million. This provisional figure represents the expected sales value for the period and remains subject to adjustment based on final completed sales. Al Cook, CEO of De Beers, noted that solid consumer demand for diamonds in the United States over the year-end holiday season has helped stabilize the industry, leading to an increase in demand for rough diamonds in the first sales cycle of 2024. However, he also highlighted the uncertain prospects for economic growth in major economies, suggesting that it may take some time for rough diamond demand to fully recover.
The company's portfolio includes world-class competitive operations, providing essential metals and minerals for a cleaner, greener, and more sustainable world. Anglo American is committed to being carbon neutral across its operations by 2040 and has a Sustainable Mining Plan that aims to ensure a healthy environment, thriving communities, and building trust as a corporate leader. The company is re-imagining mining to improve people's lives.
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