De Beers rough diamond sales Cycle 4, 2019

| May 27th, 2019

De Beers rough diamond sales Cycle 4, 2019
"De Beers rough diamond sales Cycle 4, 2019"

Press release – US$415 Million (provisional). 

Bruce Cleaver, CEO, De Beers Group, said: “Cycle four saw lower rough diamond sales against a backdrop of macroeconomic uncertainty, and as we enter a seasonally slower period for the industry with Indian factories closing temporarily for the traditional holiday period.

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Source De Beers 



Notes

1) 2019: US$1.98 billion (provisional – to date).
2) 2018: US$5.39 billion.
3) 2017: US$5.31 billion.
4) Cycle 4 2019 provisional sales value represents sales at 20 May 2019.
5) Cycle 3 2019 actual sales value is restated following the earlier publication of a provisional figure for the third sales cycle of 2019.
6) 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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