DeBeers cycle valued US$425mn

De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the tenth sales cycle of 2019. De Beers Group today announced the value of rough diamond sales for the tenth sales cycle of 2019: US$425 million (provisional).

 

Bruce Cleaver, CEO, De Beers Group, said: “Following continued polished diamond price stability in the lead up to the final sales cycle of the year, we saw further signs of steady demand for rough diamonds during Sight 10.” 

 

	Cycle 10 2019 (provisional)[1]	Cycle 9 2019 (actual)[2]	Cycle 10 2018 (actual)
Sales value[3]($m)	425	400	544

[1]  Cycle 10 2019 provisional sales value represents sales as at 17 December 2019.

[2] Cycle 9 2019 actual sales value is restated following the earlier publication of a provisional figure for the ninth sales cycle of 2019.

[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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