De Beers is slashing the prices of some goods at its latest sight, that runs from August 24 to 28, by as much as 10.7%, according to a report by Rapaport.
Bloomberg News reported earlier this week that the mining giant had cut prices by as much as 9%.
In addition to the price cuts, De Beers is permitting sightholders to defer pre-agreed purchase commitments in the face of weak demand globally for polished goods.
