Anglo American Nets Big Profits in Diamonds, Coal

CNBC reported Anglo American Plc. (LSE:AAL,JSE:AAL) saw an increase in profits mostly in its diamond and coal sectors.

As quoted in the market news:

Anglo American raised its stake in the De Beers diamond business to 85 percent in November when it bought the Oppenheimer family’s shares. DeBeers’ sales were up 26 percent last year to $7.4 billion

Click here to read the full CNBC report.