RAPAPORT… De Beers’ October sight closed with a value of $370 million
as rough-diamond buying slowed for holidays and sightholders reported a
sluggish dealer market.
Proceeds from the miner’s eighth sales cycle fell 27% from
$507 million in the previous sight in August, and dropped 25% compared with the
equivalent period a year ago, according to Rapaport records. Rough prices w…