De Beers, Alrosa Announce 2019 Sale Schedules

RAPAPORT... De Beers and Alrosa have released the dates of theirrough-diamond sales for 2019. Next year, De Beers will not hold a sight inOctober, replacing it with a sight in August instead. Alrosa sales also includegoods from its subsidiaries, Alrosa-Nurba, Severalmaz and Almazy Anabara.De Beers holds 10 sales, or sights, in Botswana every year, atwhich it sells about 90% of its rough supply to long-term clients, known assightholders. Alrosa's main contract sales are monthly, taking place in Moscow.De Beers sights Sight 1: January 21 to 25Sight 2: February 25 to March 1Sight 3: April 1 to 5Sight 4: May 13 to 17 Sight 5: June 17 to 21 Sight 6: July 22 to 26 Sight 7: August 19 to 23 Sight 8: September 23 to 27 Sight 9: November 4 to 8 Sight 10: December 9 to 13 DiamondSupply Agreement for Alrosa and its subsidiaries, Alrosa-Nurba, Severalmaz andAlmazy AnabaraJanuary 14 to 18 February 11 to 15 (Excludes supply from Almazy Anabara) March 11 to 15 April 8 to 12 May 15 to 17 and May 20 to 21 (Excludes supply from Almazy Anabara) June 13 to 14 and June 17 to 19 (Excludes supply from Almazy Anabara) July 10 to 12 and July 15 to 16 (Excludes supply from Almazy Anabara) August 12 to 16 (Excludes supply from Almazy Anabara) September 9 to 13 October 10 to 11 and October 14 to 16 November 11 to 15 December 5 to 6 and December 9 to 11Image: A De Beers sightholder examining a parcel of rough diamonds. (De Beers)