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ANGLO AMERICAN PLC - Anglo American rough diamond sales value for De Beers first sales cycle of 2021

Release Date: 03/02/2021 09:00
Code(s): AGL     PDF:  
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Anglo American rough diamond sales value for De Beers’ first sales cycle of 2021

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: 549300S9XF92D1X8ME 43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

NEWS RELEASE

3 February 2021

Anglo American rough diamond sales value for De Beers’ first sales cycle of 2021

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and
Auctions) for De Beers’ first sales cycle of 2021, amounting to $650 million.

                           Cycle 1 2021(1)               Cycle 10 2020(2)                    Cycle 1 2020
                            (provisional)                    (actual)                          (actual)
Sales value(3)                 $650m                          $452m                              $551m
 (1)   Cycle 1 2021 provisional sales value represents sales as at 2 February 2021
 (2)   Cycle 10 2020 actual sales value represents sales between the dates of 7 December and 16 December.
 (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 first 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 1 represents the expected sales value for the period 18 January to 02 February and
remains subject to adjustment based on final completed sales.

Bruce Cleaver, CEO, De Beers Group, said: “With the midstream starting the year with low levels
of rough and polished inventories, and following strong sales of diamond jewellery over the key
holiday season in the US, we saw good demand for rough diamonds at the first cycle of the year
as midstream customers sought to restock and to fill orders from retail businesses. Sales of rough
diamonds are also being supported by expected demand ahead of Chinese New Year and
Valentine’s Day. While risks to recovery as a result of ongoing restrictions on the movement of
both people and goods persist, we have been encouraged by demand conditions.”

For further information, please contact:

 Media                                                                  Investors
 UK                                                                     UK
 James Wyatt-Tilby                                                      Paul Galloway
 james.wyatt-tilby@angloamerican.com                                    paul.galloway@angloamerican.com

 Marcelo Esquivel                                                       Robert Greenberg
 marcelo.esquivel@angloamerican.com                                     robert.greenberg@angloamerican.com

 Katie Ryall                                                            Emma Waterworth
 katie.ryall@angloamerican.com                                          emma.waterworth@angloamerican.com

 South Africa
 Sibusiso Tshabalala
 Sibusiso.Tshabalala@angloamerican.com

 Nomonde Ndwalaza
 Nomonde.ndwalaza@angloamerican.com


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, development projects and undeveloped resources, provides many of the metals and
minerals that enable a cleaner, greener, more sustainable world and that meet the fast growing
consumer-driven demands of developed and maturing economies. With our people at the heart
of our business, we use innovative practices and the latest technologies to mine, process, move
and market our products to our customers – and to discover new resources – safely and
sustainably.

As a responsible producer of diamonds (through De Beers), copper, platinum group metals, the
steelmaking ingredients of iron ore and metallurgical coal, and nickel – with crop nutrients in
development and thermal coal operations planned for divestment – we are committed to being
carbon neutral across our operations by 2040. We work together with our business partners and
diverse stakeholders to unlock sustainable 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

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)

Date: 03-02-2021 09:00:00
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