Anglo American's De Beers Diamond Sales +21% Ahead of Christmas Season
November 14 2017 - 4:21AM
Dow Jones News
By Ian Walker
Anglo American PLC (AAL.LN)'s majority-owned De Beers Group on
Tuesday reported a 21% rise in diamond sales during the ninth cycle
of the year compared with the eighth cycle, as retail orders
increased ahead of the Christmas season.
De Beers, the world's largest rough-diamond producer by value,
reported provisional diamond sales of $455 million for the ninth
sales cycle ended Nov. 13, compared with $376 million generated in
the previous sales cycle. Sales for the ninth cycle of 2016 were
$476 million.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
November 14, 2017 04:06 ET (09:06 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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