Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ fourth sales cycle of 2017, amounting to $520 million.
Bruce Cleaver, CEO of De Beers, said: “We are continuing to see steady demand for rough diamonds, despite the industry entering a typically quieter season. Sentiment remains positive as we head towards the important Las Vegas trade show in early June.”
| |
Cycle 4 2017(1)
(provisional) |
Cycle 3 2017(2)
(actual) |
Cycle 4 2016
(actual) |
| Sales value(3) |
$520m |
$586m |
$636m |
(1) Cycle 4 2017 provisional sales value represents sales as at 15 May 2017.
(2) Cycle 3 2017 actual sales value is restated following the earlier publication of a provisional figure for the third sales cycle of 2017.
(3) Sales values are quoted on a consolidated accounting basis and are before capitalisation of pre-commercial production revenues at Gahcho Kué. 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.