Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ fifth sales cycle of 2017, amounting to $530 million.
Bruce Cleaver, CEO of De Beers, said: “Following positive feedback from the Las Vegas trade show, and in line with recent trends, we saw continued good demand for De Beers rough diamonds in the fifth sales cycle of the year.”
| |
Cycle 5 2017(1)
(provisional) |
Cycle 4 2017(2)
(actual) |
Cycle 5 2016
(actual) |
| Sales value(3) |
$530m |
$522m |
$564m |
(1) Cycle 5 2017 provisional sales value represents sales as at 19 June 2017.
(2) Cycle 4 2017 actual sales value is restated following the earlier publication of a provisional figure for the fourth 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.