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DE BEERS GROUP ROUGH DIAMOND SALES FOR CYCLE 10, 2019

Rough diamonds

18 Dec 2019

De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the tenth sales cycle of 2019.

Cycle 10 2019
(provisional)1
Cycle 9 2019
(actual)2
Cycle 10 2018
(actual)
Sales value3 ($m) 425
400 544

Notes to this table are shown at the bottom of this page.

Bruce Cleaver, CEO, De Beers Group, said: "Following continued polished diamond price stability in the lead up to the final sales cycle of the year, we saw further signs of steady demand for rough diamonds during Sight 10."

- ends -

1 Cycle 10 2019 provisional sales value represents sales as at 17 December 2019.

2 Cycle 9 2019 actual sales value is restated following the earlier publication of a provisional figure for the ninth sales cycle of 2019.

3 Sales values are quoted on a consolidated accounting basis. Auctions 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.

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About De Beers Group

Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of the De Beers Group strategy as it develops its portfolio of brands, including De Beers Jewellers and Forevermark, and other pioneering solutions, such as recently launched diamond sourcing and traceability initiatives GemFair and Tracr. De Beers Group employees are committed to ‘Building Forever,’ a holistic and integrated approach for creating a better future – one that is fairer, safer, cleaner and healthier; where safety, human rights and ethical integrity continue to be paramount; and where communities thrive and the environment is protected. De Beers Group is a member of the Anglo American plc group. For further information, visit www.debeersgroup.com.