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De Beers Sells $530M Rough Diamonds In Cycle 6

De Beers today announced that it had provisionally sold $530 million worth of rough diamonds in its sixth sales cycle this year. This compares with the $576 million actually sold in Cycle 6 of 2017 and the $581 million sold in Cycle 5 of this year.

De Beers CEO Bruce Cleaver said, “In the sixth sales cycle of the year, demand for De Beers rough diamonds was in line with expectations during the seasonally quieter summer period for the industry’s midstream sector.”

The sales figures are an aggregate of Global Sightholder Sales as well as Auction Sales of special goods.

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