Anglo American rough diamond sales value for De Beers’ first sales cycle of 2020
29 January, 2020
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ first sales cycle of 2020, amounting to $545 million.
Bruce Cleaver, CEO of De Beers Group, said: “Demand for rough diamonds increased during the first Sight of 2020 following the end of year selling season and subsequent inventory restocking.”
| Cycle 1 2020(1) (provisional) |
Cycle 10 2019(2) (actual) |
Cycle 1 2019 (actual) |
|
|---|---|---|---|
| Sales value(3) | $545m | $426m | $500m |
(1) Cycle 1 2020 provisional sales value represents sales as at 28 January 2020.
(2) Cycle 10 2019 actual sales value is restated following the earlier publication of a provisional figure for the tenth sales cycle of 2019.
(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.