Anglo's De Beers generates $580m in sales
Anglo American's diamond unit, De Beers, generated $580m in its third sales cycle since the start of the year.
Anglo American
2,277.50p
15:45 15/11/24
1.49%
33.50p
FTSE 100
8,060.61
15:45 15/11/24
n/a
n/a
FTSE 350
4,453.56
15:45 15/11/24
n/a
n/a
FTSE All-Share
4,411.85
15:45 15/11/24
n/a
n/a
Mining
10,633.77
15:45 15/11/24
1.51%
158.40
This was up from $553m in the second sales cycle of this year, but down from $666m in the third sales cycle of 2016.
Chief executive officer Bruce Cleaver said: "We saw the continuation of good rough diamond demand in Cycle 3 across the product range. This reflected positive sentiment from our customers following the Hong Kong International Jewellery Show in March."