De Beers rough diamond sales drop in fourth cycle year-on-year

0
16

De Beers rough diamond sales drop in fourth cycle year-on-year

 

GABORONE, BOTSWANA, May 2019 – De Beers Group’s rough diamond sales stood at $415 million in the fourth cycle of 2019, down from $581 million in the third cycle and $554 million in the fourth cycle of 2018.

“Cycle four saw lower rough diamond sales against a backdrop of macroeconomic uncertainty, and as we enter a seasonally slower period for the industry with Indian factories closing temporarily for the traditional holiday period,” said Bruce Cleaver, CEO, De Beers Group.

READ
Busy footfall, enquiries at Jewellery and Watch London