Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ tenth sales cycle of 2018, amounting to $540 million.
Bruce Cleaver, CEO of De Beers Group, said: “De Beers Group’s rough diamond sales during the final cycle of the year continued to be in line with expectation ahead of the all-important retail selling season as cutting and polishing factories in India restarted their operations following the Diwali holiday.”
| |
Cycle 10 2018(1)
(provisional) |
Cycle 9 2018(2)
(actual) |
Cycle 10 2017
(actual) |
| Sales value(3) |
$540m |
$442m |
$455m |
(1) Cycle 10 2018 provisional sales value represents sales as at 17 December 2018.
(2) Cycle 9 2018 actual sales value is restated following the earlier publication of a provisional figure for the ninth sales cycle of 2018.
(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.