JOHANNESBURG (miningweekly.com) – Diamond miner De Beers’ fourth cycle of rough diamond sales for this year has generated $520-million.
This was slightly lower than the $586-million achieved in the third sales cycle.
De Beers CEO Bruce Cleaver said the company continued to see steady demand for rough diamonds, despite the industry entering a typically quieter season.
“Sentiment remains positive as we head towards the important Las Vegas trade show in early June.”