The value of De Beers’ rough diamond sales dropped to 5.5 per cent from the previous cycle's $533 million and was slightly lower than the $507 million made in the seventh cycle of 2017.
Bruce Cleaver, CEO, De Beers Group, said: "De Beers Group provided Sightholders with the opportunity to re-phase the allocation of some smaller, lower value rough diamonds. Demand remains stable ahead of the September Hong Kong Jewellery & Gem Fair."
Notes
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