De Beers earns $545m in latest sales cycle

Diamond giant De Beers raked in $545-million in its second rough diamond sales cycle for this year. “We continued to see good demand across our product range in the second sales cycle, which was in line with expectations at this time of year. Sentiment remains positive heading into the Hong Kong International Jewellery Show this week – an important barometer of trade confidence,” CEO Bruce Cleaver said on Tuesday.