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ANGLO AMERICAN PLC - Anglo American rough diamond sales value for De Beers third sales cycle of 2016

Release Date: 12/04/2016 09:00
Code(s): AGL     PDF:  
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Anglo American rough diamond sales value for De Beers’ third sales cycle of 2016

Anglo American plc
(Incorporated in England and Wales)
(Registration number: 3564138)
Registered office: 20 Carlton House Terrace, London, SW1Y 5AN
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM
(“the Company”)

Anglo American rough diamond sales value for De Beers’ third sales cycle of 2016

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales
and Auction Sales) for De Beers’ third sales cycle of 2016. Rough diamond sales during the
third cycle of the year continued their reasonably positive trend to $660 million, compared with
the $617 million value of the second sales cycle of 2016.
                                                                                                                                      
                                       Cycle 3 2016  (Note 1)                   Cycle 2 2016 (Note 2)
                                       (provisional)                                 (actual)
                   
Sales value (Note 3)                          $660m                                    $617m
  
(Note 1)   Cycle 3 2016 provisional sales value represents sales as at 11 April 2016.
(Note 2)   Cycle 2 2016 actual sales value is restated following the earlier publication of a provisional 
           figure for the second sales cycle of 2016.
(Note 3)   Sales value is quoted in terms of sales by De Beers Global Sightholder Sales and De Beers Auction Sales, 
           and reported 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.

Continued stability in polished diamond prices and sales of polished diamonds at the wholesale
level supported a reasonably positive environment for rough diamond demand for the third
consecutive sales cycle.

Philippe Mellier, Chief Executive of De Beers Group, said: “So far, 2016 has seen significantly
stronger rough diamond demand than that experienced at the end of 2015 as the actions taken
by the industry continue to have a positive effect. However, we are now moving into a part of
the year where rough diamond demand has historically been lower as a result of seasonality,
so we continue to adopt a prudent mind-set.”


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                                                Ed Kite
marcelo.esquivel@angloamerican.com                              edward.kite@angloamerican.com
Tel: +44 (0)20 7968 8891                                        Tel: +44 (0)20 7968 2178

South Africa
Pranill Ramchander
pranill.ramchander@angloamerican.com
Tel: +27 (0)11 638 2592

Notes to editors:

Registered office as above. Incorporated in England and Wales under the Companies Act 1985. Registered Number 3564138
Anglo American is a globally diversified mining business. Our portfolio of world-class
competitive mining operations and undeveloped resources provides the raw materials to meet
the growing consumer-driven demands of the world’s developed and maturing economies. Our
people are at the heart of our business. It is our people who use the latest technologies to find
new resources, plan and build our mines and who mine, process and move and market our
products – from diamonds (through De Beers) to platinum and other precious metals and
copper – to our customers around the world.

As a responsible miner, we are the custodians of those precious resources. We work together
with our key partners and stakeholders to unlock the long-term value that those resources
represent for our shareholders, but also for the communities and countries in which we operate
– creating sustainable value and making a real difference.

www.angloamerican.com



12 April 2016


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

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