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.”
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.