Anglo American rough diamond sales value for De Beers' second sales cycle of 2017
28 February, 2017
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ second sales cycle of 2017, amounting to $545 million.
Bruce Cleaver, CEO of De Beers, said: “We continued to see good demand across our product range in the second sales cycle, which was in line with expectations at this time of year. Sentiment remains positive heading into the Hong Kong International Jewellery Show this week – an important barometer of trade confidence.”
| Cycle 2 2017(1) (provisional) | Cycle 1 2017(2) (actual) | Cycle 2 2016 (actual) | |
|---|---|---|---|
| Sales value(3) | $545m |
$729m |
$617m |
(1)Cycle 2 2017 provisional sales value represents sales as at 27 February 2017.
(2)Cycle 1 2017 actual sales value is restated following the earlier publication of a provisional figure for the first 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.