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De Beers rough sales down by 20%

De Beers rough sales down by 20% De Beers posted rough diamond sales of $440 million for its third sales cycle of 2021 By: Diamond World News Service | | Reference: 25502   De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the third sales cycle of 2021. Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, De Beers Group has continued to implement a more flexible approach to rough diamond sales during the third sales cycle of 2021, with the Sight event extended beyond its normal week-long duration. As a result, the provisional rough diamond sales figure quoted for Cycle 3 represents the expected sales value for the period 22 March to 6 April and remains subject to adjustment based on final completed

Anglo American s De Beers reports in-line diamond sales | 7 April 2021

7 April 2021 | 07:50am StockMarketWire.com - Mining company Anglo American reported that the value of rough diamond sales at its De Beers unit during the third cycle of 2021 was in line with expectations following a good holiday season that continued into the first quarter of 2021. Sales of $440 million for the third the cycle, compared with $550 million seen in the second cycle of 2021. Following a good holiday season and that trend continuing during the first quarter of 2021, we have again seen solid demand for rough diamonds as we begin a traditionally quieter period of the year for the diamond industry, De Beers chief executive Bruce Cleaver said.

De Beers March Sales Slow to $440m

De Beers March Sales Slow to $440m April 07, 21 by John Jeffay (IDEX Online) - De Beers sales slowed at its March sight, down to $440m as pent-up demand appeared to flag. In January the UK-based miner sold $650m of rough - a three-year high - followed by $550m in February.  It has reportedly been increasing prices at recent sights at the midstream restocks, while maintaining flexibilities introduced to help holders earlier in the pandemic. New supply contracts dividing sightholders into manufacturers, dealers a nd retailers will take effect at the next sight, in early May. Bruce Cleaver, CEO, De Beers Group, said sales were in line with expectations during a traditionally quiet time of the year, but cautioned that the Covid specter still lingered. 

Strong comeback of the diamond industry

Strong comeback of the diamond industry
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