Anglo American's De Beers cancels sales event due to Covid-19

Anglo American said on Monday that it will not be holding its third sales cycle event of 2020 amid public health restrictions on the movement of people and product in Botswana, South Africa and India due to the coronavirus outbreak.

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The restrictions prohibit customers from travelling and prevent the shipment of goods to customers' international operations, it said.

"De Beers Group is enabling Sightholders to defer 100% of their Sight 3 allocations to later in the year, and will continue to seek innovative ways to meet Sightholders' rough diamond supply needs in the coming weeks."