Anglo American News

Sources: De Beers “is cutting the price of stones under a carat”

The fall is mainly attributed to “the Covid-19 lockdowns in southern Africa”

Both companies remain committed to to their price-over-volume strategy

De Beers promises "immediate, direct and straightforward purchase" of rough

De Beers is expected to allow 100% deferrals on all goods

De Beers responds to a fall in mining operations, wholesale trading activity and consumer traffic

The course, which normally costs $250, includes 8 modules and will be accessible for four months

"No one is expecting more than 10% or 15% of the goods to be sold”

De Beers promised to put in place “additional targeted flexibility" for its sightholders

Revenue decreased 24% to $4.6 billion and rough diamond sales fell 26% to $4 billion

Botswana and De Beers’ huge 10-year sale agreement is expected to expire by the end of 2020

De Beers’s 1st sale of the year totaled $545 million - a big increase year-on-year

Dominion and De Beers are looking to explore for diamonds around Gahcho Kue and Ekati

De Beers raked in $425 million - a "further sign of steady demand for rough diamonds"

De Beers lowered De Beers’ diamond production by a million carats for 2020

De Beers sold $390 million this time around

De Beers' Q3 production dropped 14% year-on-year to total 7.4 million carats

De Beers promises customers “an improved bidding experience through a range of enhancements"