De Beers rough diamond sales for Cycle 4, 2017

De Beers

De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fourth sales cycle of 2017.

Cycle 4 2017 (provisional)1 Cycle 3 2017 (actual)2 Cycle 4 2016 (actual)
Sales value3 ($m)  520 586 636

Notes to this table are shown at the bottom of this page.

Bruce Cleaver, CEO, De Beers Group, said: “We are continuing to see steady demand for rough diamonds, despite the industry entering a typically quieter season. Sentiment remains positive as we head towards the important Las Vegas trade show in early June.”

Source De Beers

1. Cycle 4 2017 provisional sales value represents sales as at 15 May 2017.

2. Cycle 3 2017 actual sales value is restated following the earlier publication of a provisional figure for the third sales cycle of 2016.

3. 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.