De Beers said the value of rough diamond sales (Global Sightholder Sales and Auctions) for the sixth sales cycle of 2021 grew 7% month-on-month to $510 million. The mining major’s first 6 sales cycles in 2021 totalled $3.035 billion, almost triple (+182%) that of $1.078 billion in 2020.
Bruce Cleaver, CEO, De Beers Group, said: “Our sixth sales cycle of the year has seen the continuation of good demand for rough diamonds, driven by strong demand for diamond jewellery in the key US and China consumer markets. With the ongoing strength in consumer sales of diamond jewellery, the outlook remains positive for the second half of the year, subject to the risks that the pandemic continues to present across the globe.”
| Cycle 6 2021 (provisional) | Cycle 5 2021 (actual) | Cycle 6 2020 (actual) | |
| Sales value ($m) | 510 | 477 | 116 |