De Beers Cycle 3 valued US$ 575mn
De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auction sales) for the third sales cycle of 2019. Bruce Cleaver, CEO, De Beers Group, said: “As we move into the second quarter of the year, we saw a continuation of stable demand for our rough diamonds during the third cycle of 2019.” Particular: Cycle 3 2019 (provisional) [1] Cycle 2 2019 (actual) [2] Cycle 3 2018 (actual) Sales value [3] ($m) 575 496 524 1: Cycle 3 2019 provisional sales value represents sales as at 8 April 2019. 2: Cycle 2 2019 actual sales value is restated following the earlier publication of a provisional figure for the second sales cycle of 2019. 3: Sales values are quoted on a consolidated accounting basis. Auction sales