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Anglo American : De Beers' Second-Cycle Rough Diamond Sales Rise to $555 Million -Anglo American PLC

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03/06/2018 | 08:54am CEST

By Oliver Griffin

Anglo American PLC (AAL.LN) said Tuesday that De Beers sold $555 million worth of rough diamonds in the second sales cycle of 2018, an increase on the year-earlier period.

The company said that rough diamond sales in the second sales cycle of 2017 were $553 million.

Bruce Cleaver, chief executive of De Beers, in which Anglo American holds an 85% stake, said that during the second sales cycle demand for rough diamonds continued to be good, in line with expectations.

Write to Oliver Griffin at [email protected]

Stocks mentioned in the article
ChangeLast1st jan.
ANGLO AMERICAN -2.27% 1693.6 Delayed Quote.10.84%
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