De Beers sold $630m of diamonds in its sixth sales cycle

27th July 2022 By: Creamer Media Reporter

Diamond miner De Beers sold $630-million of rough diamonds in its sixth sales cycle for this year.

CE Bruce Cleaver says the company continued to see steady demand for its rough diamonds, following "a period of consistently robust demand in the first half" of this year.

Sales were higher than the $514-million worth of diamonds sold in the fifth sales cycle this year, but lower than the $657-million worth of diamonds sold in the sixth sales cycle of 2021.