The Cycle 9 2016 provisional sales value represents sales as at 14 November 2016. It valued $470 million.
Bruce Cleaver, CEO, De Beers Group, said: “Encouragingly, the ninth sales cycle of 2016 showed continued good demand for De Beers rough diamonds, with sales in line with expected seasonal demand patterns.”
Also, Cycle 8 2016 actual sales value was restated at $494 million, following the earlier publication of a provisional figure of $484 million.
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