De Beers said the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the tenth sales cycle of 2016 was a provisional $418 million.The miner also said the actual value of goods for its previous sales cycle was $476 million, compared with a provisional figure of $470 million stated last month.
The December figure compares with sales of $248 million for the same month last year when rough sales were battered by a large downturn in demand as manufacturers cut back production in protest at high rough prices.
