De Beers rough diamond sales for cycle 2, 2020

De Beers

Press release – US$355 Million (provisional)

Bruce Cleaver, CEO, De Beers Group, said: “Following an improvement in demand for rough diamonds during the first sales cycle of 2020, we recognised the impact of COVID-19 Coronavirus on customers focused on supplying the Chinese market and put in place additional targeted flexibility to enable customers to defer allocations of the relevant rough diamonds.”

Source De Beers


1) 2020: US$900 million (provisional – to date)

2) 2019: US$4.04 billion

3) 2018: US$5.39 billion

4) 2017: US$5.31 billion

5) Cycle 2 2020 provisional sales value represents sales at 3 March 2020.

6) Cycle 1 2020 actual sales value is restated following the earlier publication of a provisional figure for the first sales cycle of 2020.

7) Sales values are quoted on a consolidated accounting basis. Auctions 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.