Anglo American rough diamond sales value for De Beers’ fourth sales cycle of 2019
21 May, 2019
Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ fourth sales cycle of 2019, amounting to $415 million.
Bruce Cleaver, CEO, De Beers Group, said: "Cycle four saw lower rough diamond sales against a backdrop of macroeconomic uncertainty, and as we enter a seasonally slower period for the industry with Indian factories closing temporarily for the traditional holiday period.”
| Cycle 4 2019(1) (provisional) |
Cycle 3 2019(2) (actual) |
Cycle 4 2018 (actual) |
|
|---|---|---|---|
| Sales value(3) | $415m | $581m | $554m |
(1) Cycle 4 2019 provisional sales value represents sales as at 20 May 2019.
(2) Cycle 3 2019 actual sales value is restated following the earlier publication of a provisional figure for the third 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.