De Beers rough diamond sales Cycle 5 2018

| June 28th, 2018

De Beers rough diamond sales Cycle 5 2018
"De Beers rough diamond sales Cycle 5 2018"

Us$575 million (provisional)

Annual rough diamond sales value

2018: US$2.9 billion (to Cycle 5)

2017: US$5.2 billion

2016: US$5.6 billion

Bruce Cleaver, CEO, De Beers Group, said: “Sentiment in the diamond industry’s midstream is positive following the JCK Las Vegas trade show at the start of the month, and we continued to see good demand for our rough diamonds across the product range.

Graph

Source De Beers


Cycle 5 2018 provisional sales value represents sales as at 25 June 2018.

Cycle 4 2018 actual sales value is restated following the earlier publication of a provisional figure for the fourth 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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