# Anglo American rough diamond sales value for De Beers’ eighth sales cycle of 2019

- Link: https://www.directorstalkinterviews.com/anglo-american-rough-diamond-sales-value-for-de-beers-eighth-sales-cycle-of-2019/412794448
- Published: 2019-10-03T07:16:13+01:00
- Author: Amilia Stone

**Anglo American** ([LON:AAL](https://www.directorstalkinterviews.com/company/anglo-american/aal.l))
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._

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