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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Anglo American Plc | LSE:AAL | London | Ordinary Share | GB00B1XZS820 | ORD USD0.54945 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -66.50 | -2.40% | 2,707.00 | 2,715.50 | 2,717.50 | 2,813.00 | 2,689.50 | 2,771.00 | 3,741,359 | 16:35:28 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | 30.84B | 283M | 0.2116 | 128.36 | 36.33B |
From May 2019 to May 2024
By Ian Walker
LONDON--Anglo American PLC (AAL.LN) said Tuesday its majority-owned De Beers Group reported lower diamond sales, which it blamed on a temporary slowdown in volumes resulting from the demonetization program in India.
De Beers, the world's largest rough diamond producer by value, reported provisional diamond sales of $418 million for the tenth sales cycle ending on Dec. 12, down 12% from $476 million generated in the previous sales cycle. However, sales were much higher than the $248 million generated in same period in 2015.
"While the trade in lower value rough diamonds is experiencing a temporary slowdown as a result of the demonetization program in India, demand across the rest of the product mix continued to be healthy and overall sales remained in line with seasonal expectations," said Bruce Cleaver, CEO of De Beers.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
December 13, 2016 03:44 ET (08:44 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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