Anglo American (AAL LN) 2198.5 pence, Mkt Cap £28.4bn – De Beers diamond sales • Anglo American reports that De Beers sold US$390m of diamonds in its 5th sales cycle of the year. This compares with sales for the 5th sales cycle last year of US$416m. • We estimate that the sale brings year to date diamond sales to approximately US$2.4bn compared to US$2.9bn at the equivalents stage last year. • Commenting on the sales figures, Bruce Cleaver, CEO of De Beers said that “While overall retail sentiment for diamond jewellery in the US remains solid, a more challenging environment in China and higher than normal polished diamond inventories in the midstream resulted in a cautious approach from rough diamond buyers during the fifth cycle of 2019.” Conclusion: De Beers diamond sales are seeing the impact of a challenging sales environment in China and cautious trading by buyers of rough diamonds.
Mining group Anglo American has announced that the value of rough diamond sales at its De Beers subsidiary during the fifth sales cycle of 2019 amounted to $390m – down from $581m in the same period of last year. Rough diamond sales were $416m in the fourth sales cycle of this year. De Beers Group chief executive Bruce Cleaver says the performance reflects a cautious approach from rough diamond buyers, with a “more challenging environment” in China and higher than normal polished diamond inventories. He says overall retail sentiment for diamond jewellery in the US remains “solid”.
Anglo American Plc (AAL.L) Announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers' fifth sales cycle of 2019, amounting to $390 million. It stated that, while overall retail sentiment for diamond jewellery in the US remains solid, a more challenging environment in China and higher than normal polished diamond inventories in the midstream resulted in a cautious approach from rough diamond buyers during the fifth cycle of 2019.
RNS Number: 2564 D Anglo American PLC 25 June 2019 Anglo American plc announces the value of rough diamond sales for De Beers' fifth sales cycle of 2019, amounting to $390 million. Bruce Cleaver, CEO, De Beers Group, said: "While overall retail sentiment for diamond jewellery in the US remains solid, a more challenging environment in China and higher than normal...
RNS Number: 1929 D Anglo American PLC 24 June 2019 Anglo American plc. Registered office: 20 Carlton House Terrace, London SW1Y 5 AN. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 0222 D Anglo American PLC 21 June 2019 Anglo American plc. Registered office: 20 Carlton House Terrace, London SW1Y 5 AN. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 5266 C Anglo American PLC 18 June 2019 Anglo American plc. Registered office: 20 Carlton House Terrace, London SW1Y 5 AN. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Here, with BRR Media's Scott Bannerman, I discuss Cadence Mineral's #KDNC acquisition of the former Anglo American #AAL and Cliffs Amapá iron ore mine, beneficiation plant, railway and private port, NE Brazil.
RNS Number: 4512 B Anglo American PLC 07 June 2019 Anglo American plc has today published on its website the details of its 91 managed tailings storage facilities and an additional 62 TSFs at non-managed joint venture operations in which it has an interest, as requested by the Church of England Pensions Board and the Swedish Council on Ethics for the AP Funds,...
#KDNC Cadence Minerals enters into a binding investment agreement with Indo Sino Pte. Ltd. to invest in and acquire up to a 27% interest in the former Anglo American plc #AAL and Cliffs Natural Resources Amapá iron ore mine, beneficiation plant, railway and private port owned by DEV Mineração S.A.
RNS Number: 9226 A Anglo American PLC 03 June 2019 Anglo American plc. Registered office: 20 Carlton House Terrace, London SW1Y 5 AN. ·it had 1,405,465,332 issued ordinary shares of US $0.54945 each admitted to trading.
Cadence Minerals #KDNC enters Heads of Terms with Indosino Pte Ltd to invest in & acquire up to 27% of the Amapa iron ore mine in Brasil, formerly owned by Anglo American #AAL & Cliffs Natural Resources
Anglo American Plc (AAL.L) Announced that the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers' fourth sales cycle of 2019, amounts to $415.00 million.
RNS Number: 6199 Z Anglo American PLC 21 May 2019 Anglo American plc announces the value of rough diamond 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...
RNS Number: 1800 Z Anglo American PLC 16 May 2019 Anglo American plc. Registered office: 20 Carlton House Terrace, London SW1Y 5 AN. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 1618 Z Anglo American PLC 16 May 2019 Anglo American plc announces the approval by Debmarine Namibia, a 50:50 joint venture between De Beers Group and the Government of the Republic of Namibia, of the construction of a new custom-built diamond recovery vessel. Mark Cutifani, Chief Executive of Anglo American, said: "The addition of this custom-built...
RNS Number: 4187 Y Anglo American PLC 09 May 2019 Anglo American plc. Registered office: 20 Carlton House Terrace, London SW1Y 5 AN. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 2604 Y Anglo American PLC 07 May 2019 Anglo American plc. Registered office: 20 Carlton House Terrace, London SW1Y 5 AN. Legal Entity Identifier: 549300 S9XF92D1X8ME43.
RNS Number: 9120 X Anglo American PLC 02 May 2019 Anglo American plc today announces that, following the conclusion of a formal tender process led by its Audit Committee, the Board has approved the proposed appointment of PricewaterhouseCoopers LLP as its external auditor to take effect from, and including, the financial year ending 31 December 2020.
RNS Number: 7246 X Anglo American PLC 01 May 2019 Anglo American plc. Registered office: 20 Carlton House Terrace, London SW1Y 5 AN. ·it had 1,405,465,332 issued ordinary shares of US $0.54945 each admitted to trading.
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Company Profile

Mining giant Anglo American is synonymous with South Africa. The company produces a whole range of metals and natural resources through gold, platinum, diamonds, coal, base and ferrous metals, industrial minerals to timber and coal from operations in Africa, Europe, South and North America and Australia.

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HQ
20 Carlton House Terrace
London
SW1Y 5AN
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