Anglo's De Beers generates $580m in sales

Anglo American's diamond unit, De Beers, generated $580m in its third sales cycle since the start of the year.

This was up from $553m in the second sales cycle of this year, but down from $666m in the third sales cycle of 2016.

Chief executive officer Bruce Cleaver said: "We saw the continuation of good rough diamond demand in Cycle 3 across the product range. This reflected positive sentiment from our customers following the Hong Kong International Jewellery Show in March."