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
  -12.50 -0.37% 3,324.50 3,331.00 3,332.50 3,359.00 3,289.00 3,307.00 2,137,018 16:35:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 30,728.0 1,303.6 512.5 5.8 45,317

Anglo American's De Beers Diamond Sales Boosted by Consumer Sentiment

09/03/2022 8:25am

Dow Jones News

Anglo American (LSE:AAL)
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By Ian Walker


Anglo American PLC said Wednesday that rough-diamond sales by its majority-owned De Beers Group rose 18% in 2022's second sales cycle compared with the second cycle a year ago as it benefited from positive consumer sentiment.

The FTSE 100 diversified mining company said that De Beers sold $650 million of diamonds in the second sales cycle of the year compared with $550 million in the second cycle of 2021 and $660 million in the first cycle of 2022. There are 10 sales cycles each year.

Anglo American said sales are provisional figures due to a change in the company's approach to diamond sales because of pandemic-related movement restrictions around the world. The figures are based on expected sales between Feb. 21 and March 8.


Write to Ian Walker at


(END) Dow Jones Newswires

March 09, 2022 03:10 ET (08:10 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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