Anglo American (LON:AAL) announced today the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ eighth sales cycle of 2019, amounting to $295 million.
Bruce Cleaver, CEO, De Beers Group, said: “As we approach what is traditionally a quieter time of year for the diamond industry during the Diwali holiday, we have again offered our customers flexibility during this sales cycle.”
| Cycle 8 2019(1)(provisional) | Cycle 7 2019(2)(actual) | Cycle 8 2018 (actual) | |
| Sales value(3) | $295m | $287m | $482m |
(1) Cycle 8 2019 provisional sales value represents sales as at 2 October 2019.
(2) Cycle 7 2019 actual sales value is restated following the earlier publication of a provisional figure for the seventh 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.
