De Beers’ final sales cycle for 2018 ends on a high

Diamond miner De Beers sold $540-million worth of diamonds in the tenth sales cycle of this year, bringing its total sales for the year to about $5.39-billion.

The most recent sight yielded the strongest results for a final sales event in at least three years and compares with $455-million worth of diamonds sold in cycle ten of 2017 and $422-million sold in the same period of 2016.