Rough Demand Stable at $450M De Beers Sight

De Beers reported steady demand for rough diamonds at its December sight as sales showed an increase over the equivalent period last year.

The miner sold $450 million worth of rough in its final sales cycle of the year, including last week’s sight in Gaborone and its auctions, it reported Tuesday.

Provisional proceeds rose 6.6% compared with actual sales for the same period last year, though they slipped 3.4% from November sales.
Read More: diamonds.net