Anglo American rough diamond sales value for De Beers’ third sales cycle of 2017
04 April, 2017
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ third sales cycle of 2017, amounting to $580 million.
Bruce Cleaver, CEO of De Beers, said: “We saw the continuation of good rough diamond demand in Cycle 3 across the product range. This reflected positive sentiment from our customers following the Hong Kong International Jewellery Show in March.”
| Cycle 3 2017(1) (provisional) |
Cycle 2 2017(2) (actual) |
Cycle 3 2016 (actual) |
|
|---|---|---|---|
| Sales value(3) | $580m | $553m | $666m |
(1) Cycle 3 2017 provisional sales value represents sales as at 3 April 2017.
(2) Cycle 2 2017 actual sales value is restated following the earlier publication of a provisional figure for the second sales cycle of 2017.
(3) Sales values are quoted on a consolidated accounting basis. Auction Sales included in a given cycle are the sum of all sales between the end of the preceding cycle and the end of the noted cycle.