Anglo American posts rise in De Beers diamond sales

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Anglo American said the value of rough diamond sales at its De Beers unit had increased during the eighth cycle of 2019 to $295m from $287m seen in the sixth cycle.

The figure compared to $482m seen in the eighth cycle of 2018.

'As we approach what is traditionally a quieter time of year for the diamond industry during the Diwali holiday, we have again offered our customers flexibility during this sales cycle,' said Bruce Cleaver, CEO of De Beers Group.