Anglo American plc (“Anglo American”) is this afternoon hosting an analyst and investor seminar which will provide additional insight into De Beers – its industry, a detailed look at the company, from exploration to retail, and future trends for the diamond business.
Anglo American plc (“Anglo American”) is this afternoon hosting an analyst and investor seminar which will provide additional insight into De Beers – its industry, a detailed look at the company, from exploration to retail, and future trends for the diamond business.
Mark Cutifani, Chief Executive of Anglo American, said: “De Beers is an exciting business, not least due to its unique position in the market and the industry, but also the special nature of its product. Anglo American aims to be the diversified mining company and De Beers plays a major role in our diversification – adding to our later cycle exposure while being a world class business with highly attractive supply and demand dynamics.”
Philippe Mellier, Chief Executive of De Beers, added: “The diamond industry derives practically all its value from consumers’ demand for diamond jewellery – and this demand continues to grow globally. This, coupled with cost competitive assets with long mine lives and the strength of our partnerships with host governments, forms a compelling proposition and keeps us well positioned for growth.”
The presentation, which will be available on the Anglo American website, will begin at 3.30pm (UK time) and can be viewed via live webcast at www.angloamerican.com/investors. The presentation is expected to finish at 5.30pm.
The following members of Anglo American’s and De Beers’ management teams will present:
| Mark Cutifani |
Anglo American – Chief Executive (and Chairman of De Beers) |
| Philippe Mellier |
De Beers – Chief Executive |
| Bruce Cleaver |
De Beers – Executive Head of Strategy |
| Pat Lowery |
De Beers – Executive Head of Technical |
| Gareth Mostyn |
De Beers – Finance Director |