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De Beers’ C3 sales exceed P5.6 billion 

patriot by patriot
April 21, 2022
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Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ third sales cycle of 2022, amounting to $565 million.  Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, De Beers Group has continued to implement a more flexible approach to rough diamond sales during the third sales cycle of 2022, with the Sight event extended beyond its normal week-long duration. As a result, the provisional rough diamond sales figure quoted for Cycle 3 represents the expected sales value for the period 28 March to 12 April and remains subject to adjustment based on final completed sales. Bruce Cleaver, CEO, De Beers Group, said: “On the back of robust demand for rough diamonds in 2021 and jewellery sales in the first quarter of 2022, and reflecting continued year-on-year growth in consumer demand for diamond jewellery, demand for De Beers Group rough diamonds remained strong in the third sales cycle of 2022. “As we head into the seasonally slower second quarter of the year, diamond businesses are adopting a more cautious and watchful approach in light of the war in Ukraine and associated sanctions, as well as Covid-19 lockdowns in China.”

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  • Sefalana rakes in P11.2 billionAugust 4, 2025
       Exceeded P11 billion target for the year 2024/ 25 Sefalana sets P12 billion target for the coming financial year Botswana market largest contributor to Group performance BAKANG TIRO RelatedPosts Sefalana rakes in P11.2 billion Workers abuse rampant in… Read more: Sefalana rakes in P11.2 billion
  • Workers abuse rampant in Okavango DeltaAugust 4, 2025
    • Tourism companies accused of abuse, slave wages SOLOMON TJINYEKA editors@thepatriot.co.bw Despite generating millions of dollars annually, some luxury tourism companies operating in Botswana’s Okavango Delta such as Belmond Safaris and Lodges of Botswana are under growing scrutiny for… Read more: Workers abuse rampant in Okavango Delta
  • REVITALISING OODI WEAVERSJuly 29, 2025
    • Debswana, De Beers move to help • preserve cultural heritage DEBSWANA Diamond Company and De Beers Group have embarked on a collaborative initiative to support the revitalisation and long-term sustainability of Oodi Weavers, one of Botswana’s oldest and… Read more: REVITALISING OODI WEAVERS
  • HIV/ AIDS fight compromised?  July 29, 2025
      Monitoring in limbo due to CD4, viral reagents shortage CALISTUS BOSALETSWE RelatedPosts Sefalana rakes in P11.2 billion Workers abuse rampant in Okavango Delta REVITALISING OODI WEAVERS editors@thepatriot.co.bw   Botswana was hit by a shortage of CD4 and viral… Read more: HIV/ AIDS fight compromised?  
  • Foreign reserves get depletedJuly 28, 2025
    Significant drop linked to decline in diamonds revenue Reserves went down by P0.9 billion as 31st May 2025 Govt forced to borrow more and more Ndaba believes economic recovery is attainable   BAKANG TIRO RelatedPosts Sefalana rakes in P11.2… Read more: Foreign reserves get depleted
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