ANGLO AMERICAN PLC - Anglo American rough diamond sales value for De Beers seventh sales cycle of 2018

Release Date: 11/09/2018 08:00
Code(s): AGL
 
Wrap Text
Anglo American rough diamond sales value for De Beers’ seventh sales cycle of 2018

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

11 September 2018

Anglo American rough diamond sales value for De Beers’ seventh sales cycle of 2018

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and
Auction Sales) for De Beers’ seventh sales cycle of 2018, amounting to $505 million.

Bruce Cleaver, CEO of De Beers Group, said: "De Beers Group provided Sightholders with the
opportunity to re-phase the allocation of some smaller, lower value rough diamonds. Demand
remains stable ahead of the September Hong Kong Jewellery & Gem Fair."

                                             Cycle 7 2018(1)                        Cycle 6 2018(2)                         Cycle 7 2017
                                              (provisional)                            (actual)                               (actual)
 Sales value(3)                                  $505m                                 $533m                                  $507m
  (1)   Cycle 7 2018 provisional sales value represents sales as at 10 September 2018.
  (2)   Cycle 6 2018 actual sales value is restated following the earlier publication of a provisional figure for the sixth sales cycle of 2018.
  (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                                                                       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

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


Anglo American plc
20 Carlton House Terrace London SW1Y 5AN United Kingdom
Registered office as above. Incorporated in England and Wales under the Companies Act 1985.
Registered Number: 3564138 Legal Entity Identifier: 549300S9XF92D1X8ME43

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)


Notes to editors:

Anglo American is a global diversified mining business 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 to meet the 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.

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 sustainable value that
those resources represent for our shareholders, the communities and countries in which we
operate and for society at large. Anglo American is re-imagining mining to improve people’s lives.
www.angloamerican.com


Legal Entity Identifier: 549300S9XF92D1X8ME43

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