Sunday, April 15, 2018

According to the Anglo American corporation, the income of its 85% owned De Beers group increased by 15% year-on-year and reached $ 3.823 billion in the first half ended June 30.
A statement released last Friday said De Beers contributed $ 469 million to the operating profit of the group, which reached $ 765 million.
De Beers diamond sales increased 15 percent to $ 3.5 billion.
Anglo noted that The increase in revenues from rough diamonds is explained by the increase in the volume of sales of products, despite the decrease in sales prices by 4%.
The production of rough diamonds by De Beers grew by 12% year-on-year to 16 million carats.
The increase in production is due to increased productivity at Debswana in Botswana and in South Africa.
This year, the diamond mining group plans to increase production to 31-32 million carats.

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