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Market NewsNewsDe Beers sells $540 mn in December vs $455 mn December 2017

De Beers sells $540 mn in December vs $455 mn December 2017

Press Release

De Beers rough diamonds sales for cycle 10, 2018

18 Dec 2018

De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the tenth sales cycle of 2018.

  Cycle 10 2018 (provisional)1 Cycle 9 2018 (actual)2 Cycle 10 2017 (actual)
Sales value3 ($m) 540 442 455

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

Bruce Cleaver, CEO, De Beers Group, said: “De Beers Group’s rough diamond sales during the final cycle of the year continued to be in line with expectation ahead of the all-important retail selling season as cutting and polishing factories in India restarted their operations following the Diwali holiday.”

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1 Cycle 10 2018 provisional sales value represents sales as at 17 December 2018.

2 Cycle 9 2018 actual sales value is restated following the earlier publication of a provisional figure for the ninth sales cycle of 2018.

3 Sales values are quoted on a consolidated accounting basis. 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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