De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the ninth sales cycle of 2018.
Notes to this table are shown at the bottom of this page.
Bruce Cleaver, CEO, De Beers Group, said: "As the industry’s focus turns towards the key end of year retail selling season, rough diamond sales continued to be in line with expectation during the ninth cycle of the year. While demand for smaller, lower quality rough diamonds continues to see some challenges, the latest cycle saw some signs of improvement in this area as factories in India begin to reopen after Diwali."
- ends -
1 Cycle 9 2018 provisional sales value represents sales as at 19 November 2018.
2 Cycle 8 2018 actual sales value is restated following the earlier publication of a provisional figure for the eighth sales cycle of 2018.
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.
Contact
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.