Diamond sales at Anglo's De Beers rise in ninth cycle
Anglo American said on Wednesday that the value of rough diamond sales at its De Beers unit rose in the ninth cycle of the year.
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The value increased to $390m from $297m in the eighth cycle, but was down from $442m in the ninth cycle of last year.
De Beers chief executive officer Bruce Cleaver said: "With signs of increasing polished price stability, cycle 9 saw an improvement in sentiment from rough diamond buyers." He added that global consumer demand for diamond jewellery at the retail level continues to be broadly stable.