AAL Anglo American Plc

TIDMAAL

RNS Number : 2160B

Anglo American PLC

29 January 2020

 
 
29 January 2020 
Anglo American rough diamond sales value for De Beers' first 
sales cycle of 2020 
 
 

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers' first sales cycle of 2020, amounting to $545 million.

Bruce Cleaver, CEO of De Beers Group, said: "Demand for rough diamonds increased during the first Sight of 2020 following the end of year selling season and subsequent inventory restocking."

 
                 Cycle 1 2020(1)  Cycle 10 2019(2)  Cycle 1 2019 
                  (provisional)       (actual)         (actual) 
Sales value(3)        $545m            $426m           $500m 
                 ---------------  ----------------  ------------ 
 
   (1)     Cycle 1 2020 provisional sales value represents sales as at 28 January 2020. 

(2) Cycle 10 2019 actual sales value is restated following the earlier publication of a provisional figure for the tenth sales cycle of 2019.

(3) Sales values are quoted on a consolidated accounting basis. Auction sales included in a given cycle are the sum of all sales between the end of the preceding cycle and the end of the noted cycle.

For further information, please contact:

 
 Media                                      Investors 
 UK                                         UK 
  James Wyatt-Tilby                          Paul Galloway 
  james.wyatt-tilby@angloamerican.com        paul.galloway@angloamerican.com 
  Tel: +44 (0)20 7968 8759                   Tel: +44 (0)20 7968 8718 
                                             Robert Greenberg 
  Marcelo Esquivel                           robert.greenberg@angloamerican.com 
  marcelo.esquivel@angloamerican.com         Tel: +44 (0)20 7968 2124 
  Tel: +44 (0)20 7968 8891 
  Katie Ryall                                Emma Waterworth 
  katie.ryall@angloamerican.com              emma.waterworth@angloamerican.com 
  Tel: +44 (0) 20 7988 8935                  Tel: +44 20 7968 8574 
  South Africa 
  Pranill Ramchander 
  pranill.ramchander@angloamerican.com 
  Tel: +27 (0)11 638 2592 
  Sibusiso Tshabalala 
  Sibusiso.Tshabalala@angloamerican.com 
  Tel: +27 (0) 11 638 2175 
 
 
 

Notes to editors:

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals that enable a cleaner, greener, more sustainable world and that meet the fast growing consumer-driven demands of the world's developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world - safely, responsibly and sustainably.

As a responsible miner - of diamonds (through De Beers), copper, platinum group metals, iron ore, coal and nickel - we are the custodians of what are precious natural resources. We work together with our business partners and diverse stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate, and for society as a whole. Anglo American is re-imagining mining to improve people's lives.

www.angloamerican.com

Legal Entity Identifier: 549300S9XF92D1X8ME43

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