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(IDEX Online) – De Beers sold rough diamonds with a provisional value of $575 million in the fifth sales cycle (Global Sightholder Sales and Auction Sales) of 2018.
 
The miner reported confirmed sales of $554 million in the fourth cycle.
 
Bruce Cleaver, CEO, De Beers Group, said: "Sentiment in the diamond industry’s midstream is positive following the JCK Las Vegas trade show at the start of the month, a
nd we continued to see good demand for our rough diamonds across the product range.”
 
De Beers' sales in the fifth sale of 2017 were $541 million.
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