Diamond Rebound Rolls On as De Beers Reports Another Bumper Sale

  • De Beers sold $515 million of diamonds at latest sale
  • It’s the company’s biggest rough diamond sale since February
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The diamond industry’s resurgence showed no sign of slowing down with De Beers reporting its biggest gem sale since February as consumers continued to buy jewelry.

Anglo American Plc’s De Beers said it sold $515 million of rough diamond at its seventh sale of 2021, the biggest total for this time of year since 2016. The company is currently on track for its best year since 2018.