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ANGLO AMERICAN PLC - Anglo American rough diamond sales value for De Beers sixth sales cycle of 2017

Release Date: 01/08/2017 09:00
Code(s): AGL     PDF:  
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Anglo American rough diamond sales value for De Beers’ sixth sales cycle of 2017

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
Legal Entity Identifier: 549300S9XF92D1X8ME43


1 August 2017

Anglo American rough diamond sales value for De Beers’ sixth sales cycle of 2017

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and
Auction Sales) for De Beers’ sixth sales cycle of 2017, amounting to $572 million.

Bruce Cleaver, CEO of De Beers, said: “The sixth sales cycle of the year maintained the trend of
consistently good demand for De Beers rough diamonds across the product range.

“With Diwali being earlier than normal in 2017, we saw some demand from Indian diamantaires
pulled forward from Sight 7. This was due to these customers needing to make rough diamond
purchases in sufficient time to complete their polishing before the holiday begins.”


                                            Cycle 6 2017(1)                       Cycle 5 2017(2)                         Cycle 6 2016
                                              (provisional)                              (actual)                             (actual)
Sales value(3)                                        $572m                                 $541m                                $528m
 

  (1)   Cycle 6 2017 provisional sales value represents sales as at 31 July 2017.
  (2)   Cycle 5 2017 actual sales value is restated following the earlier publication of a provisional figure for the fifth sales cycle of 2017.
  (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.




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                                        Trevor Dyer
marcelo.esquivel@angloamerican.com                      trevor.dyer@angloamerican.com
Tel: +44 (0)20 7968 8891                                Tel: +44 (0)20 7968 8992

South Africa                                            Sheena Jethwa
Pranill Ramchander                                      sheena.jethwa@angloamerican.com
pranill.ramchander@angloamerican.com                    Tel: +44 (0)20 7968 8680
Tel: +27 (0)11 638 2592

Ann Farndell
ann.farndell@angloamerican.com
Tel: +27 (0)11 638 2786


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


Notes to editors:

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 to our
customers around the world.

As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious
metals, iron ore, coal and nickel – we are the custodians of what are precious natural resources.
We work together with our key partners and stakeholders to unlock the long-term value that those
resources represent for our shareholders and for the communities and countries in which we
operate – creating sustainable value and making a real difference.
www.angloamerican.com

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