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De beers rough diamond sales for cycle 6, 2016

02 Aug 2016

The De Beers Group of Companies today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the sixth sales cycle of 2016.

Cycle 6 2016 (provisional)1Cycle 5 2016 (actual)2Sales value3 ($m) 520564

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

Bruce Cleaver, CEO, De Beers Group, said: “This is an encouraging sales performance for this point in the year, supported by positive sentiment from our customers. We maintain a cautious outlook for the remainder of 2016.”

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1 Cycle 6 2016 provisional sales value represents sales as at 1 August 2016

2 Cycle 5 2016 actual sales value is restated following the earlier publication of a provisional figure for the fifth sales cycle of 2016

3 Sales value is quoted in terms of sales by De Beers Global Sightholder Sales and De Beers Auction Sales, and reported 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

Contact

David Johnson
Press Office
Tel +44 (0) 20 7430 3434
[email protected]

About The De Beers Group of Companies

De Beers is a member of the Anglo American group. Established in 1888, De Beers is the world’s leading diamond company with unrivalled expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers employs more than 20,000 people (directly and as contractors) across the diamond pipeline, and is the world’s largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa. As part of the company’s operating philosophy, the people of De Beers are committed to Living up to Diamonds by making a lasting contribution to the communities in which they live and work, and transforming natural resources into shared national wealth. For further information about De Beers visit www.debeersgroup.com.

Cycle 5 2016 (provisional)1 Cycle 4 2016 (actual)2
Sales value3 ($m)  560 636

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

Cycle 5 2016 (provisional)1 Cycle 4 2016 (actual)2
Sales value3 ($m)  560 636

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