De Beers’ total revenue jumped to $5.6 billion in 2021 compared to $3.4 billion, a year earlier with rough diamond sales rising to $4.9 billion from $2.8 billion in 2020, driven by positive sentiment and strong demand for diamond jewellery in key consumer.
Angola is considering building a second diamond in Lunda Norte Province once vacancies are filled at the Saurimo hub, according to media reports. Mineral resources minister Diamantino Azevedo was quoted as saying at the just ended Dubai Diamond Conference.
Former Diamond Development Initiative (DDI) executive director Dorothée Gizenga died last week at the age of 60 following complications arising from diabetes.
Anglo American has appointed Ian Tyler as the senior independent director on its board, with effect from Anglo American’s annual general meeting (AGM) on 19 April 2022. He will replace Byron Grote who is set to step down from the board having.