Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ fourth sales cycle of 2019, amounting to $415 million.
Bruce Cleaver, CEO, De Beers Group, said: "Cycle four saw lower rough diamond sales against a backdrop of macroeconomic uncertainty, and as we enter a seasonally slower period for the industry with Indian factories closing temporarily for the traditional holiday period.”
| |
Cycle 4 2019(1)
(provisional) |
Cycle 3 2019(2)
(actual) |
Cycle 4 2018
(actual) |
| Sales value(3) |
$415m |
$581m |
$554m |
(1) Cycle 4 2019 provisional sales value represents sales as at 20 May 2019.
(2) Cycle 3 2019 actual sales value is restated following the earlier publication of a provisional figure for the third 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.