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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 | |
---|---|---|---|---|---|---|---|---|---|---|
32.00 | 1.20% | 2,693.50 | 2,681.00 | 2,684.00 | 2,776.50 | 2,646.50 | 2,750.00 | 5,183,657 | 16:35:21 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 30.84B | 283M | 0.2116 | 126.82 | 35.89B |
By Ian Walker
LONDON--Anglo American PLC (AAL.LN) said Tuesday its majority-owned De Beers Group reported much higher diamond sales during the industry's traditionally strongest first sales cycle of the year, which was also boosted by a slightly longer period.
De Beers, the world's largest rough diamond producer by value, reported provisional diamond sales of $720 million for the first sales cycle of 2017 ending Jan. 23, up 71% from the $422 million generated in the previous sales cycle. Sales for the first cycle of 2016 were $545 million.
"While the reopening of some diamond polishing operations in India saw something of an increase in demand for smaller, lower quality rough diamonds, we maintain a cautious outlook for these categories as the Indian industry continues to adjust to the post-demonetisation environment," said Bruce Cleaver, CEO of De Beers.
-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
January 24, 2017 03:40 ET (08:40 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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