Anglo American News

De Beers has raised its diamond production forecast to 35-36 million carats in 2018

The value of rough diamonds sold by De Beers dropped to $440 million

The value of rough diamonds sold dropped to $475 million

Sales dropped to $505 million in the 7th cycle with De Beers allowing buyers to pass over cheaper diamonds

De Beers’ sixth sales cycle of 2018 amounted to $530 million, "in line with expectations"

Underlying earnings fell 9% to $712 million, rough production increased 8% to 17.5 million carats

De Beers’ fifth sales cycle of 2018 amounted to $575 million

De Beers’ 3rd sales cycle amounted to $520 million - $66 million less than the 3rd cycle of 2017

Diamond jewelry sales in the holidays boosts De Beers' first cycle of the year

In the fourth quarter, production increased 5% to 8.1 million carats

De Beers CEO: "Demand was broadly stable on the levels seen in Cycle 9"

Anglo American CEO Mark Cutifani warned about the state of the South African mining industry

Anglo American and five other gold mining firms will pay $361 million in SA

Compared to the previous quarter, De Beers' production was up 46%

The assumption is that Agarwal's Volcan will boost its stake in Anglo American to about 20%

De Beers’ 7th sales cycle of 2017 totaled $505 million down from $572 million in the 6th cycle

Anglo American, De Beers back local development program

Despite a sharp rise in production, De Beers' revenue declined 4% to $3.1 billion