LONDON – Anglo American PLC (AAL.LN)'s majority-owned De Beers Group on Tuesday reported an 5.7% rise in diamond sales during the sixth cycle of the year compared with the fifth cycle, as the earlier Diwali festivities brought forward demand from Indian diamantaires.
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De Beers, the world's largest rough diamond producer by value, reported provisional diamond sales of $572 million for the sixth sales cycle ended July 31, compared with $541 million generated in the previous sales cycle. Sales for the sixth cycle of 2016 were $528 million.
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(END) Dow Jones Newswires
August 01, 2017 04:13 ET (08:13 GMT)