De Beers digs up 55 per cent earnings jump

DE BEERS, one of the world’s largest diamond producers, posted a 55 per cent jump in first-half earnings yesterday on the back of record sales, an unprecedented jump in prices and strong demand from the US.

De Beers, 45 per cent owned by miner Anglo American, said underlying earnings totalled an eye-watering $1.2bn (£732m).