Photographer: Chris Ratcliffe/Bloomberg

De Beers’s $520 Million Diamond Sale Defies Summer Slowdown

  • ‘We don’t see many risks here,’ says Kirill Chuyko at BCS
  • De Beers sold 29 percent more diamonds in the first half

De Beers’s $520 million of rough-diamond sales at its most recent auction is raising hopes that the industry can avoid a slowdown in the second half of the year.

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