The De Beers Group of Companies noted that its revenues in the sixth cycle of rough diamond sales (Global Sightholder Sales and Auction Sales) of 2016 stood at $520 million (provisional). Bruce Cleaver, CEO, De Beers Group, said: “This is an encouraging sales performance for this point in the year, supported by positive sentiment from our customers. We maintain a cautious outlook for the remainder of 2016.”

Sales in the fifth Sight had amounted to $564 million.