Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ sixth sales cycle of 2018, amounting to $530 million.
Bruce Cleaver, CEO of De Beers Group, said: “In the sixth sales cycle of the year, demand for De Beers rough diamonds was in line with expectations during the seasonally quieter summer period for the industry’s midstream sector.”
| |
Cycle 6 2018(1)
(provisional) |
Cycle 5 2018(2)
(actual) |
Cycle 6 2017
(actual) |
| Sales value(3) |
$530m |
$581m |
$576m |
(1) Cycle 6 2018 provisional sales value represents sales as at 30 July 2018.
(2) Cycle 5 2018 actual sales value is restated following the earlier publication of a provisional figure for the fifth sales cycle of 2018.
(3) Sales values are quoted on a consolidated accounting basis and are before capitalisation of pre-commercial production revenues at Gahcho Kué. 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.