Article 5DPVM De Beers diamond sales surge after Christmas jewellery rush in US

De Beers diamond sales surge after Christmas jewellery rush in US

by
Jillian Ambrose
from Environment | The Guardian on (#5DPVM)

Mining firm reports $650m January intake from rough stones, marking strongest sales in three years

De Beers has revealed its strongest diamond sales in three years following a Christmas surge in jewellery purchases, with sales 10% above the group's 20-year average.

The world's biggest diamond miner made $650m from its rough stones last month, well above sales of $551m in early 2020, amounting to the highest sales since January 2018.

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