De Beers rough diamond sales Cycle 6, 2018

De Beers

US$530 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: “In the sixth sales cycle of the year, demand for De Beers rough diamonds was in line with expectations during the seasonally quieter summer period for the industry’s midstream sector.


Source De Beers

Cycle 6 2018 provisional sales value represents sales as at 30 July 2018.

Cycle 5 2018 actual sales value is restated following the earlier publication of a provisional figure for the fifth 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.