De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fourth sales cycle of 2018.
|
Cycle 4 2018 (provisional)1 |
Cycle 3 2018 (actual)2 |
Cycle 4 2017 (actual) |
Sales value3 ($m) |
550 |
524 |
522 |
Notes to this table are shown at the bottom of this page.
Bruce Cleaver, CEO, De Beers Group, said: "In the fourth sales cycle of the year we saw robust demand for De Beers’ rough diamonds, reflecting continued strong demand for diamond jewellery, especially from American consumers as we head towards the important JCK Las Vegas trade show at the start of June."
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1 Cycle 4 2018 provisional sales value represents sales as at 21 May 2018.
2 Cycle 3 2018 actual sales value is restated following the earlier publication of a provisional figure for the third sales cycle of 2018.
3 Sales values are quoted on a consolidated accounting basis and are before capitalisation of pre-commercial production revenues at Gahcho Kué. 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
De Beers Group press office
Tel +44 (0) 20 7430 3434
[email protected]
About De Beers Group
De Beers Group is a member of the Anglo American plc 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. As part of the company’s operating philosophy, the people of De Beers Group are committed to ‘Building Forever’ 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 Group, visit www.debeersgroup.com.