The sixth rough diamond sales cycle of 2016 has netted diamond giant De Beers about $520 million.

This is lower than the $564 million of sales recorded in the fifth sales cycle of the year.

“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,” said CEO Bruce Cleaver.

Source: Mining Weekly

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