Anglo American : update on De Beers’ third rough diamond sales cycle of 2020
March 30, 2020 at 02:23 am EDT
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30 March, 2020
Anglo American announces that due to the public health restrictions on the movement of people and product in Botswana, South Africa and India, which prohibit customers from traveling and prevent the shipment of goods to customers' international operations, De Beers Group will not hold its third Sight of 2020.
De Beers Group is enabling Sightholders to defer 100% of their Sight 3 allocations to later in the year, and will continue to seek innovative ways to meet Sightholders' rough diamond supply needs in the coming weeks.
For further information, please contact:
Media
Investors
UK
UK
James Wyatt-Tilby
Paul Galloway
Email: james.wyatt-tilby@angloamerican.com
Email: paul.galloway@angloamerican.com
Tel: +44 (0)20 7968 8759
Tel: +44 (0)20 7968 8718
Marcelo Esquivel
Robert Greenberg
Email: marcelo.esquivel@angloamerican.com
Email: robert.greenberg@angloamerican.com
Tel: +44 (0)20 7968 8891
Tel: +44 (0)20 7968 2124
Katie Ryall
Emma Waterworth
Email: katie.ryall@angloamerican.com
Email: emma.waterworth@angloamerican.com
Tel: +44 (0)20 7968 8935
Tel: +44 (0)20 7968 8574
South Africa
Pranill Ramchander
Email: pranill.ramchander@angloamerican.com
Tel: +27 (0)11 638 2592
Sibusiso Tshabalala
Email: sibusiso.tshabalala@angloamerican.com
Tel: +27 (0)11 638 2175
Notes to editors:
Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals that enable a cleaner, greener, more sustainable world and that meet the fast growing consumer-driven demands of the world's developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world - safely, responsibly and sustainably.
As a responsible miner - of diamonds (through De Beers), copper, platinum group metals, iron ore, coal and nickel - we are the custodians of what are precious natural resources. We work together with our business partners and diverse stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate, and for society as a whole. Anglo American is re-imagining mining to improve people's lives.
www.angloamerican.com
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Anglo American plc published this content on 30 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2020 06:22:07 UTC
Anglo American plc is one of the world's leading mining groups. The activity is organized around 10 families of products:
- iron ore: 59.3 million tons produced in 2022;
- copper: 664,000 tons produced;
- palladium;
- diamond: 34.6 million carats produced;
- rhodium;
- thermal coal;
- metallurgical coal;
- platinum;
- manganese;
- nickel: 39,800 tons produced.
Net sales are distributed geographically as follows: the United Kingdom (4%), Europe (13.3%), China (24%), Japan (14.8%), India (7.5%), Asia (18.6%), South Africa (3.5%), Africa (5.5%), Brazil (2.6%), Chile (2.2%), South America (0.1%), North America (3.1%) and Australia (0.8%).