for subscribers

De Beers has biggest diamond sale in a year as buyers return

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

London - De Beers had its biggest diamond sale in at least a year as the gem industry restocked after the key holiday period.

The company, owned by Anglo American [JSE:AGL], sold $720m of diamonds in its first sale of the year, compared with $545m at last year’s January offering, it said in a statement on Tuesday.

The world’s biggest diamond producer said it saw "good demand" across most diamond categories, while there was a larger-than-usual gap between its previous sale.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
16.29
(-0.49)
ZAR/GBP
21.18
(-0.07)
ZAR/EUR
19.28
(-0.34)
ZAR/AUD
11.58
(-0.13)
ZAR/JPY
0.16
(-0.30)
Gold
1899.17
(+0.05)
Silver
24.18
(-1.09)
Platinum
884.00
(-1.22)
Brent Crude
41.25
(0.00)
Palladium
2358.00
(-0.42)
All Share
55008.47
(-0.60)
Top 40
50363.84
(-0.65)
Financial 15
10654.98
(-1.26)
Industrial 25
74449.10
(-0.61)
Resource 10
52337.87
(-0.43)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
24% - 70 votes
No, I did not.
52% - 152 votes
My landlord refused
24% - 71 votes
Vote