.
Why mining matters
Find out more
Where we operate
Find out more
Our impact
Find out more
Our difference
Find out more
A world-class portfolio
Download
Mega Nav Image
Sustainability Report 2017
Download
Mega Nav Image
Take a tour of a modern mine
Download
Mega Nav Image
Q3 2018 PRODUCTION REPORT
Download
Mega Nav Image
Graduate professionals and bursaries
Find out more
Careers mega nav image
Annual Report 2017
Download
PLATINUM PERFORMANCE
Read more
Origins
skip to main content

Anglo American rough diamond sales value for De Beers' fifth sales cycle of 2019

25 June, 2019

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ fifth sales cycle of 2019, amounting to $390 million.

Bruce Cleaver, CEO, De Beers Group, said: “While overall retail sentiment for diamond jewellery in the US remains solid, a more challenging environment in China and higher than normal polished diamond inventories in the midstream resulted in a cautious approach from rough diamond buyers during the fifth cycle of 2019.”

  Cycle 5 2019(1)
(provisional)
Cycle 4 2019(2)
(actual)
Cycle 5 2018
(actual)
Sales value(3) $390m $416m $581m

(1) Cycle 5 2019 provisional sales value represents sales as at 24 June 2019.
(2) Cycle 4 2019 actual sales value is restated following the earlier publication of a provisional figure for the fourth 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
Email: [email protected] Email: [email protected]
Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968 8718
Marcelo Esquivel Robert Greenberg
Email: [email protected] Email: [email protected]
Tel: +44 (0)20 7968 8891 Tel: +44 (0)20 7968 2124
South Africa Emma Waterworth
Pranill Ramchander Email: [email protected]
Email: [email protected] Tel: +44 20 7968 8574
Tel: +27 (0)11 638 2592  
Sibusiso Tshabalala  
Email: [email protected]  
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, more electrified 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