ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

AAL Anglo American Plc

2,693.50
32.00 (1.20%)
03 May 2024 - Closed
Delayed by 15 minutes
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

Anglo American Diamond Sales Rise in Strongest Cycle

24/01/2017 8:55am

Dow Jones News


Anglo American (LSE:AAL)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Anglo American Charts.

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.

1 Year Anglo American Chart

1 Year Anglo American Chart

1 Month Anglo American Chart

1 Month Anglo American Chart

Your Recent History

Delayed Upgrade Clock