Notice: Undefined variable: images_size_articles_big in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 135Notice: Undefined variable: images_size_articles_big in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 135Warning: imagecreatetruecolor(): Invalid image dimensions in /home/jnico/public_html/system/library/image.php on line 105Warning: imagecolorallocate() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 113Warning: imagefilledrectangle() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 116Warning: imagecopyresampled() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 118Notice: Undefined variable: images_size_articles_small in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 136Notice: Undefined variable: images_size_articles_small in /home/jnico/public_html/catalog/controller/newsblog/article.php on line 136Warning: imagecreatetruecolor(): Invalid image dimensions in /home/jnico/public_html/system/library/image.php on line 105Warning: imagecolorallocate() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 113Warning: imagefilledrectangle() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 116Warning: imagecopyresampled() expects parameter 1 to be resource, bool given in /home/jnico/public_html/system/library/image.php on line 118De Beers’ Second Cycle Worth $545 Mln.
Gaborone: De Beers sold rough diamonds with a value of $545 million in the second sales cycle (Global Sightholder Sales and Auction Sales) of 2017, indicating ongoing strong demand as the industry restocks.
The figure compares with $617 million in the year-earlier sale, and $729 million in the first sale of 2017 held last month.
Bruce Cleaver, CEO, De Beers Group, said: “We continued to see good demand across our product range in the second sales cycle, which was in line with expectations at this time of year. Sentiment remains positive heading into the Hong Kong International Jewellery Show this week – an important barometer of trade confidence.”
