To view the PDF file, sign up for a MySharenet subscription.

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

Release Date: 12/12/2017 10:00
Code(s): AGL     PDF:  
Wrap Text
Anglo American rough diamond sales value for De Beers’ tenth 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

NEWS RELEASE

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

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and
Auction Sales) for De Beers’ tenth sales cycle of 2017, amounting to $450 million.

Bruce Cleaver, CEO of De Beers, said: “The tenth sales cycle of the year saw the continuation
of good demand for De Beers rough diamonds as we head towards the end of 2017. Demand
was broadly stable on the levels seen in Cycle 9, with sales slightly ahead of the equivalent period
in 2016.”

                                           Cycle 10 2017(1)                        Cycle 9 2017(2)                        Cycle 10 2016
                                            (provisional)                             (actual)                               (actual)
Sales value(3)                                 $450m                                  $466m                                  $422m
 (1)   Cycle 10 2017 provisional sales value represents sales as at 11 December 2017.
 (2)   Cycle 9 2017 actual sales value is restated following the earlier publication of a provisional figure for the ninth 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


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

12 December 2017

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

Date: 12/12/2017 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story