Anglo American: De Beers' Cycle 5 Rough Diamond Sales Rise 1.5%
20 June 2017 - 5:53PM
Dow Jones News
By Ian Walker
LONDON--Anglo American PLC (AAL.LN)'s majority-owned De Beers
Group Tuesday reported an 1.5% rise in diamond sales during the
fifth cycle of the year compared with the fourth cycle, after
experiencing good demand following the Las Vegas trade show earlier
this month.
De Beers, the world's largest rough diamond producer by value,
reported provisional diamond sales of $530 million for the fifth
sales cycle ended June 19, compared with $522 million generated in
the previous sales cycle. Sales for the fifth cycle of 2016 were
$564 million.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
June 20, 2017 03:38 ET (07:38 GMT)
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