Photo by: Duane Daws
JOHANNESBURG (miningweekly.com) – Diamond miner De Beers’ fifth sales cycle for the year generated revenue of $530-million.
While this was up from the $522-million of diamonds sold in the fourth sales cycle, sales were lower than the $546-million earned in the fifth cycle in 2016.
Nevertheless, De Beers CEO Bruce Cleaver said De Beers had seen continued good demand for its rough diamonds in the latest sales cycle.