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De Beers reports uptick in demand ahead of Christmas

14th November 2017

By: Creamer Media Reporter

     

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JOHANNESBURG (miningweekly.com) – An uptick in demand for diamonds ahead of Christmas has contributed to De Beers reporting sales of $455-million for its ninth sales cycle of the year, compared with sales of $376-million in the eighth sales cycle.

This was, however, lower than the sales of $476-million achieved in the ninth sales cycle of 2016.

De Beers hosts ten sightholder sales every year.

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Edited by Creamer Media Reporter

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