INDUSTRY NEWS – De Beers Group rough diamond sales rise year-on-year in Cycle 9

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De Beers Group announced rough diamond sales for Cycle 9, 2022, as follows:

De Beers Group announced rough diamond sales for Cycle

Bruce Cleaver, CEO, De Beers Group, said: “We saw good demand for our rough diamonds during Cycle 9 with sales reflecting what is traditionally a quieter time for the diamond midstream ahead of polishing factories reopening in India following the Diwali holidays.”

1 Cycle 9 2022 provisional sales value represents sales as at 15 November 2022.
2 Cycle 8 2022 actual sales value represents sales between the dates of 19 September to 04 October
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.

De Beers Group rough diamond sales