- Anglo American said the value of rough diamond sales at its De Beers unit had decreased during the eighth cycle of 2019 to $295m from $482m seen in the same cycle a year earlier.

The figure compared to $287m seen in the seventh cycle of 2019.

'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.

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