To view the PDF file, sign up for a MySharenet subscription.

ANGLO AMERICAN PLC - Anglo American rough diamond sales value for De Beers' seventh sales cycle of 2019

Release Date: 28/08/2019 08:00
Code(s): AGL     PDF:  
Wrap Text
Anglo American rough diamond sales value for De Beers' seventh sales cycle of 2019

Anglo American plc (the "Company")
Registered office: 20 Carlton House Terrace, London SW1Y 5AN
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

28 August 2019

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

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and
Auction Sales) for De Beers' seventh sales cycle of 2019, amounting to $280 million.

Bruce Cleaver, CEO, De Beers Group, said: "With midstream participants continuing to work
down polished diamond inventory levels and reduced levels of manufacturing in the key cutting
centres, De Beers Group provided customers with further supply flexibility during the seventh
cycle of 2019."

                                             Cycle 7 2019(1)                         Cycle 6 2019(2)                         Cycle 7 2018
                                             (provisional)                           (actual)                                (actual)

Sales value(3)                               $280m                                   $250m                                   $503m
(1)   Cycle 7 2019 provisional sales value represents sales as at 27 August 2019.
(2)   Cycle 6 2019 actual sales value is restated following the earlier publication of a provisional figure for the sixth 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
james.wyatt-tilby@angloamerican.com                                    paul.galloway@angloamerican.com
Tel: +44 (0)20 7968 8759                                               Tel: +44 (0)20 7968 8718

Marcelo Esquivel                                                       Robert Greenberg
marcelo.esquivel@angloamerican.com                                     robert.greenberg@angloamerican.com
Tel: +44 (0)20 7968 8891                                               Tel: +44 (0)20 7968 2124

South Africa                                                           Emma Waterworth
Pranill Ramchander                                                     emma.waterworth@angloamerican.com
pranill.ramchander@angloamerican.com                                   Tel: +44 20 7968 8574
Tel: +27 (0)11 638 2592

Sibusiso Tshabalala
Sibusiso.Tshabalala@angloamerican.com
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

The Company has a primary listing on the Main Market of the London Stock Exchange and
secondary listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the
Namibia Stock Exchange and the SIX Swiss Exchange.

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 28/08/2019 08:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.