Source - SMW
Anglo American has announced the value of rough diamond sales for De Beers's eighth sales cycle of 2016, amounting to $485 million, compared with the $639 million value of the seventh sales cycle of 2016.

De Beers chief executive Bruce Cleaver said: "Demand for De Beers's rough diamonds in Cycle 8 continued to reflect the improved midstream trading environment compared with 2015. 

"Our rough diamond sales were slightly ahead of expectation during the Cycle, given the normal seasonal demand patterns, the shorter than usual period between Sights 7 and 8, and the forthcoming holidays in some of the major diamond cutting centres."  

At 8:11am: (LON:AAL) Anglo American PLC share price was +1.1p at 996.5p