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

Release Date: 17/10/2017 09:00
Code(s): AGL     PDF:  
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Anglo American rough diamond sales value for De Beers’ eighth sales cycle of 2017

Anglo American plc
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

17 October 2017

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

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and
Auction Sales) for De Beers’ eighth sales cycle of 2017, amounting to $370 million.

Bruce Cleaver, CEO of De Beers, said: “De Beers offered fewer rough diamonds for sale in Cycle
8, reflecting the concurrent timing this year of the Sight sale with the closure of polishing factories
in India and Israel for the observance of religious holidays. Sales were in line with expectations,
at what is a seasonally slower time for rough diamond demand.”


                                             Cycle 8 2017(1)                       Cycle 7 2017(2)                        Cycle 8 2016
                                             (provisional)                         (actual)                               (actual)
Sales value(3)                               $370m                                 $507m                                  $494m

(1)   Cycle 8 2017 provisional sales value represents sales as at 16 October 2017.
(2)   Cycle 7 2017 actual sales value is restated following the earlier publication of a provisional figure for the seventh 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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