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Anglo American rough diamond sales value for De Beers’ seventh sales cycle of 2021
Anglo American plc (the “Company”)
Registered office: 17 Charterhouse Street, London EC1N 6RA
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM
8 September 2021
Anglo American rough diamond sales value for De Beers’ seventh sales cycle of 2021
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions)
for De Beers’ seventh sales cycle of 2021, amounting to $515 million.
Cycle 7 2021 (1) Cycle 6 2021 (2) Cycle 7 2020
(provisional) (actual) (actual)
Sales value (3) $515m $514m $334m
(1) Cycle 7 2021 provisional sales value represents sales as at 7 September 2021
(2) Cycle 6 2021 actual sales value represents sales between the dates of 12 July and 27 July.
(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.
Owing to the restrictions on the movement of people and products in various jurisdictions around the
globe, De Beers Group has continued to implement a more flexible approach to rough diamond sales
during the seventh sales cycle of 2021, with the Sight event extended beyond its normal week -long
duration. As a result, the provisional rough diamond sales figure quoted for Cycle 7 represents the
expected sales value for the period 23 August to 7 September and remains subject to adjustment based
on final completed sales.
Bruce Cleaver, CEO of De Beers Group, said: “Sentiment in the diamond industry’s midstream continues
to be positive and this is reflected in our sales for Sight 7. Demand for rough diamonds is a result of robust
demand for polished diamonds in our key markets of the US and China. The midstream’s optimism for
the remainder of the year was also evident at the recent JCK Las Vegas trade show which was a success
despite being held under challenging circumstances. As we now head towards a traditionally slower
period for rough diamond sales, we remain cognisant of the risks to economic recovery from the global
pandemic.”
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 Juliet Newth
marcelo.esquivel@angloamerican.com juliet.newth@angloamerican.com
Tel: +44 (0)20 7968 8891 Tel: +44 (0)20 7968 8830
Katie Ryall Michelle Jarman
katie.ryall@angloamerican.com michelle.jarman@angloamerican.com
Tel: +44 (0)20 7968 8935 Tel: +44 (0)20 7968 1494
South Africa
Nevashnee Naicker
nevashnee.naicker@angloamerican.com
Tel: +27 (0)71 164 5719
Sibusiso Tshabalala
sibusiso.tshabalala@angloamerican.com
Tel: +27 (0)11 638 2175
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 leading global mining company and our products are the essential ingredients in
almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad
range of future development options, provides many of the future -enabling metals and minerals for a
cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions
of consumers. With our people at the heart of our business, we use innovative practices and the latest
technologies to discover new resources and to mine, process, move and market our products to our
customers – safely and sustainably.
As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium
quality iron ore and metallurgical coal for steelmaking, and nickel – with crop nutrients in development
– we are committed to being carbon neutral across our operations by 2040. More broadly, our
Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy
environment, creating thriving communities and building trust as a corporate leader. We work together
with our business partners and diverse stakeholders to unlock enduring value from precious natural
resources for the benefit of the communities and countries in which we operate, for society as a whole,
and for our shareholders. Anglo American is re-imagining mining to improve people’s lives.
www.angloamerican.com
Forward-looking statements:
This announcement includes forward-looking statements. All statements other than statements of historical facts
included in this announcement, including, without limitation, those regarding Anglo American's financial position,
business, acquisition and divestment strategy, dividend policy, plans and objectives of management for future
operations (including development plans and objectives relating to Anglo American's products, production forecasts
and Ore Reserves and Mineral Resource estimates) and environmental, social and corporate governance goals and
aspirations, are forward-looking statements. By their nature, such forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of
Anglo American, or industry results, to be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements.
Such forward-looking statements are based on numerous assumptions regarding Anglo American's present and
future business strategies and the environment in which Anglo American will operate in the future. Important factors
that could cause Anglo American's actual results, performance or achievements to differ materially from those in the
forward-looking statements include, among others, levels of actual production during any period, levels of global
demand and commodity market prices, mineral resource exploration and development capabilities, recovery rates
and other operational capabilities, safety, health or environmental incidents, the effects of global pandemics and
outbreaks of infectious diseases, the outcome of litigation or regulatory proceedings, the availability of mining and
processing equipment, the ability to produce and transport products profitably, the availability of transportation
infrastructure, the impact of foreign currency exchange rates on market prices and operating costs, the availability
of sufficient credit, the effects of inflation, political uncertainty and economic conditions in relevant areas of the
world, the actions of competitors, activities by courts, regulators and governmental authorities such as in relation to
permitting or forcing closure of mines and ceasing of operations or maintenance of Anglo American's assets and
changes in taxation or safety, health, environmental or other types of regulation in the countries where Anglo
American operates, conflicts over land and resource ownership rights and such other risk factors identified in Anglo
American's most recent Annual Report. Forward-looking statements should, therefore, be construed in light of such
risk factors and undue reliance should not be placed on forward-looking statements.
These forward-looking statements speak only as of the date of this announcement. Anglo American expressly
disclaims any obligation or undertaking (except as required by applicable law, the City Code on Takeovers and
Mergers, the UK Listing Rules, the Disclosure and Transparency Rules of the Financial Conduct Authority, the Listings
Requirements of the securities exchange of the JSE Limited in South Africa, the SIX Swiss Exchange, the Botswana
Stock Exchange and the Namibian Stock Exchange and any other applicable regulations) to release publicly any
updates or revisions to any forward-looking statement contained herein to reflect any change in Anglo American's
expectations with regard thereto or any change in events, conditions or circumstances on which any such statement
is based. Nothing in this announcement should be interpreted to mean that future earnings per share of Anglo
American will necessarily match or exceed its historical published earnings per share.
Certain statistical and other information about Anglo American included in this announcement is sourced from
publicly available third-party sources. As such, it has not been independently verified and presents the views of those
third parties, though these may not necessarily correspond to the views held by Anglo American and Anglo American
expressly disclaims any responsibility for, or liability in respect of, such information.
Legal Entity Identifier: 549300S9XF92D1X8ME43
Date: 08-09-2021 08:00:00
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