By Oliver Griffin
Anglo American PLC (AAL.LN) said Tuesday that its majority-owned De Beers Group sold $575 million of diamonds in the fifth sales cycle of 2018, ending June 25.
De Beers Chief Executive Bruce Cleaver said that sentiment in the diamond industry's midstream was positive and that there continued to be good demand for rough diamonds.
The diamond miner reported sales of $554 million in the fourth cycle of 2018, which ended May 21.
De Beers reports on 10 sales cycles a year.
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