In the sixth period, rough diamond sales by De Beers this year their volume has decreased to $ 520 million from $ 564 million, received during the fifth period of sales.
Recent sales were the lowest this year. Most of all, the company earned on sales in April, then obtain $ 666 million.
As in the previous cycle, which showed a decline to $ 564 million compared to the fourth cycle that has brought $ 636 million, De Beers had expected a weaker result due seasonal fluctuations in demand.
"This is an encouraging indicator of sales for this time of year, which is supported by a positive attitude among our customers", - said Bryus Kliver, Chief Executive Officer of De Beers.
According to him, the group will adhere to the cautious outlook for the remainder of 2016.
Anglo American, which has a controlling stake in De Beers, reported last week that the profits of the diamond giant rose 2 percent, to $ 585 million during the first half of 2016 from $ 576 million a year earlier as a result of higher revenues due to "more strong" demand for rough diamonds, as well as thanks to tight control over operating costs and favorable currency exchange rate.
Consolidated revenues of De Beers rose 8 percent to $ 3.3 billion, during the period from $ 3 billion a year earlier, which was mainly due to increased sales of rough diamonds, which grew by 11 percent, to $ 3.1 billion.
The increase in sales of rough diamonds has been associated with the completion of reducing the inventory by an average diamond pipeline segment, as well as due to strong consumer demand in key markets.
Consolidated sales rose by 29 percent to 17.2 million carats in the first half of this year compared to 13.3 million carats in the previous year.
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The company Mountain Province Diamonds Inc. He announced that diamond mine Gacho Quay (Gahcho Kue) ready to be put into operation about 94%, and production of the first production scheduled for the second half of 2016.
"We continue to make excellent progress on Gacho Quay. On concentrating production and transport workshop completed the mechanical part of the project, and according to the schedule in the current quarter to complete the mechanical part of the primary crusher crusher. Key activities include commissioning of processing plant, the remaining earthworks, stripping and stockpiling of ore at Kimberley, as well as preparation for the operational readiness ", - explained President and CEO Patrick Evans, Mountain Province (Patrick Evans).
During the 12-year life of the mine Gacho Quay will produce an average of 4.5 million carats of diamonds per year. Draft Gacho Quay is a cluster of four diamondiferous kimberlite, three of which are probable mineral reserves of 35.4 million tonnes of ore, diamond content which is estimated at 1.57 carats per ton of total active diamonds 55.5 million carats.
Mountain Province Diamonds is in addition to the owner of the De Beers Canada (49%) diamond mine Gacho Quay located on the Northwest Territories of Canada.
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