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Profit Margins Improve at $425M De Beers Sale
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De Beers’ rough sales totaled $425 million in December,the highest since April, as lower price levels and better profit marginsspurred an upturn in demand from sightholders. Buyers are returning to the market after six months ofsluggish...
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Rough Markets
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Dec 18, 2019
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Joshua Freedman
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De Beers Sales Slump Amid Market Weakness
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De Beers’ rough-diamond sales slowed in January as adisappointing holiday season piled further pressure on the midstream. Proceeds fell to $505 million at the first sales cycle ofthe year, 25% lower than the $672 million it sold...
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Rough Markets
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Jan 29, 2019
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Joshua Freedman
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De Beers Raises Prices at $520M Sale
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De Beers’ April sight closed with a value of $520 millionamid concerns among manufacturers that higher rough prices could affect profitmargins.De Beers raised prices by 1% to 2% from the previous salefor larger size categories, sightholders told...
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Rough Markets
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Apr 17, 2018
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Joshua Freedman
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