De Beers rough diamond sales Cycle 7, 2018

| September 13th, 2018

De Beers rough diamond sales Cycle 7, 2018
"De Beers rough diamond sales Cycle 7, 2018"

US$505 million (provisional).

Annual rough diamond sales value

2018: US$3.4 billion (to Cycle 6)

2017: US$5.2 billion

2016: US$5.6 billion

Bruce Cleaver, CEO, De Beers Group, said: “De Beers Group provided Sightholders with the opportunity to re-phase the allocation of some smaller, lower value rough diamonds. Demand remains stable ahead of the September Hong Kong Jewellery & Gem Fair.”

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Source De Beers



Cycle 7 2018 provisional sales value represents sales as at 10 September 2018.

Cycle 6 2018 actual sales value is restated following the earlier publication of a provisional figure for the sixth sales cycle of 2018.

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.

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