Press release – US$355 Million (provisional)
Bruce Cleaver, CEO, De Beers Group, said: “Following an improvement in demand for rough diamonds during the first sales cycle of 2020, we recognised the impact of COVID-19 Coronavirus on customers focused on supplying the Chinese market and put in place additional targeted flexibility to enable customers to defer allocations of the relevant rough diamonds.”
Notes
1) 2020: US$900 million (provisional – to date)
2) 2019: US$4.04 billion
3) 2018: US$5.39 billion
4) 2017: US$5.31 billion
5) Cycle 2 2020 provisional sales value represents sales at 3 March 2020.
6) Cycle 1 2020 actual sales value is restated following the earlier publication of a provisional figure for the first sales cycle of 2020.
7) Sales values are quoted on a consolidated accounting basis. Auctions sales included in a given cycle are the sum of all sales between the end of the preceding cycle and the end of the noted cycle.
