De Beers announced the value of rough diamond sales (global sightholder sales and auction sales) for the fourth sales cycle of 2016 on 24 May 2016. Fourth cycle provisional sales value was US$630 million, compared to actual sales of US$666 million in the previous cycle.
Philippe Mellier, chief executive of De Beers, said: “As normal seasonal trends return to the market, we are encouraged by the continued stability of demand for rough diamonds shown in the fourth sales cycle of 2016.”
← Back