![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
-55.00 | -2.33% | 2,309.50 | 2,314.00 | 2,315.50 | 2,358.00 | 2,299.50 | 2,344.50 | 2,235,170 | 16:35:13 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Miscellaneous Metal Ores,nec | 30.84B | 283M | 0.2116 | 109.43 | 31.63B |
By Ian Walker
Anglo American said rough-diamond sales by its majority-owned De Beers Group rose 51% in the tenth cycle of the year compared with the earlier cycle, but this was much less than the comparable period last year due to lower levels of supply, in line with current demand.
The FTSE 100 diversified mining company said Wednesday that De Beers sold $130 million of diamonds in the tenth sales cycle of the year compared with $86 million in the ninth cycle and $417 million in the tenth cycle of 2022. There are 10 sales cycles each year.
"As the end-of-year holiday season progresses, we are seeing signs that the diamond industry is regaining its balance between wholesale supply and demand. Polished diamond prices look to have stabilized as inventory levels have decreased, though we expect improvements in rough diamond trading conditions to be gradual," De Beers Chief Executive Al Cook said.
Anglo American said sales are provisional figures and based on expected sales between Nov. 9 and Dec. 19.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
December 20, 2023 02:41 ET (07:41 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Anglo American Chart |
1 Month Anglo American Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions