Anglo American announced that its wholly owned diamond company De Beers began a series of diamond sales in 2017 with a strong performance, receiving about $ 720 million, compared with $ 545 million in the same period a year earlier.
Meanwhile, an indicator of sales is high and compared with De Beers last site in 2016, when she received only $ 422 million.
It is also the first auction in 2017 exceeded the highest sales in 2016. In April last year, De Beers managed to sell diamonds at $ 666 million.
"We have seen good demand for most of the positions of our range during the first cycle of sales in 2017, as the industry entered a period when demand for diamonds has traditionally been strong," - said Bruce Cleaver (Bruce Cleaver), CEO of De Beers Group.
"The longer the period between the last site in 2016 and the first site in 2017 also led to an increase in demand in the last sales cycle. While the re-opening of some diamond cutting operations in India a few increased demand for small-sized and lower-quality rough stones, we maintain a cautious outlook for these categories, as the Indian industry continues to adapt to the situation after the demonetization ", - he added.
Cleaver said last month that the trade in rough diamonds lower cost is experiencing a temporary downturn due to demonetization in India, but demand for the rest of the range of products continues to be healthy, while total sales corresponded to seasonal expectations.
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