An employee measures a rough diamond at the polishing affiliate of Russian diamond producer Alrosa in Moscow

JOHANNESBURG - Anglo American subsidiary De Beers on Tuesday reported rough diamond sales worth $575 million at its fifth sales cycle of 2018, up from $554 million in the fourth cycle.

"Sentiment in the diamond industry’s midstream is positive following the JCK Las Vegas trade show at the start of the month, and we continued to see good demand for our rough diamonds across the product range,"  De Beers CEO Bruce Cleaver said.

File Image: IOL

- African News Agency (ANA)