De Beers rough diamond sales for Cycle 6, 2018
31 July 2018 – De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the sixth sales cycle of 2018.
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.”
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.