The world’s biggest diamond producer said it had provisionally sold $2.7bn of rough diamonds during 2020, down a third on 2019’s sales of more than $4bn.
Global demand for diamonds and jewelry tumbled in the spring, knocking sales and prices.
Simultaneously, diamond production at some of the company’s southern African sites declined by 27% as coronavirus restrictions hampered operations.
De Beers was also forced to cancel one of its regular sales events in Botswana after travel restrictions prevented buyers from attending.
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