Anglo American's De Beers Reports 31% Rise in Diamond Sales
13 Novembre 2019 - 11:46AM
Dow Jones News
By Ian Walker
Anglo American PLC (AAL.LN) said Wednesday that its
majority-owned De Beers Group sold 31% more rough diamonds in the
ninth sales cycle of the year, compared with the earlier cycle.
The diversified mining company said diamond producer De
Beers--which reports on 10 sales cycles each year--sold $390
million of rough diamonds in the ninth cycle of the year compared
with $297 million for the eight cycle.
In the ninth cycle of 2018, De Beers sold $442 million of rough
diamonds.
"With signs of increasing polished price stability, Cycle 9 saw
an improvement in sentiment from rough diamond buyers," De Beers
Chief Executive Bruce Cleaver said.
By Ian Walker at ian.wallker@wsj.com
(END) Dow Jones Newswires
November 13, 2019 05:31 ET (10:31 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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