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De Beers diamond sales hit by India COVID crisis

India’s COVID-19 crisis has hampered diamond demand with De Beers posting a 16% drop in sales during May versus the previous month – suggesting the recent market recovery could be tapering off.

De Beers rough diamond sales fell 16% during its latest sales cycle

De Beers rough diamond sales fell 16% during its latest sales cycle

The value of rough diamond sales fell to US$380 million during Anglo American subsidiary De Beers' fourth sales cycle from May 3 to 18 - marking a 9% fall year-on-year.    Despite "robust" demand for...

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