Anglo American's De Beers Diamond Sales Boosted by Consumer Sentiment
09 Março 2022 - 5:25AM
Dow Jones News
By Ian Walker
Anglo American PLC said Wednesday that rough-diamond sales by
its majority-owned De Beers Group rose 18% in 2022's second sales
cycle compared with the second cycle a year ago as it benefited
from positive consumer sentiment.
The FTSE 100 diversified mining company said that De Beers sold
$650 million of diamonds in the second sales cycle of the year
compared with $550 million in the second cycle of 2021 and $660
million in the first cycle of 2022. There are 10 sales cycles each
year.
Anglo American said sales are provisional figures due to a
change in the company's approach to diamond sales because of
pandemic-related movement restrictions around the world. The
figures are based on expected sales between Feb. 21 and March
8.
Write to Ian Walker at ian.walker@wsj.com
(END) Dow Jones Newswires
March 09, 2022 03:10 ET (08:10 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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