Although this figure is preliminary, final sales cycle was weaker compared to the third cycle of sales for the year in which the company earned $ 586 million.
Thus, recent bids for De Beers became worse for the current year.
"We continue to see strong demand for rough diamonds, despite the fact that the industry is part of a typically quiet season", - said Bryus Kliver (Bruce Cleaver), CEO of De Beers.
"Sentiment remains positive to the important trade fair in Las Vegas in early June", - he added.
Russian ALROSA in April received $ 310.2 million from the sale of rough diamonds, while the sale of diamonds valued at $ 7.6 million.
De Beers' the beginning of the year on strong footing, having received at its first site $ 729 million. Group saw good demand in most rock categories.
She also failed to register a higher than normal volume of sales in the first quarter after a recovery in demand for small-sized diamonds in the first cycle of sales in 2017.
Devid Dzhonson (David Johnson), Senior Team Leader, Media and Commercial Relations, said in an interview to Rough & Polished, that the sudden hold demonetization in India at the end of 2016 led to a temporary reduction in demand for smaller diamonds of lower quality from the industry's cutting and polishing India.
"We were forced to temporarily resort to some additional flexibility to sight holders who buy the range of cheaper diamonds after the introduction of demonetization program in India, as we understand the challenges that may face some buyers, as they adapt to the new monetary environment", - he said .
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Stellar Diamonds reported that provided a two-month extension of the maturity of the two convertible loans.
CEO Karl Smithson (Karl Smithson) said that the company is undergoing reorganization and transformation of the company's exploration Developer diamond mine.
"I would like to thank our supporters for their continued support as we move forward in the direction of the commercial development of underground kimberlite diamond mine Tongo Tonguma (Tongo-Tonguma) in Sierra Leone, a production capacity of 4.5 million carats," - he said.
"In the last few weeks have been achieved key steps - the signing of a binding agreement for the payment of due fees and a preliminary contract for the technical project for the initial field development", - he added.
According to the Smithsonian, low investment in the development of the field a total of $ 32 million over the first two years Tongo Tonguma could become the second largest diamond mine in West Africa. Mining is expected to reach more than 200 000 carats per year and revenues of about $ 45 million revenue per year when it reaches full production, projected at Stellar. The life cycle of the mine could reach 21 years old.
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