Down from 456 mln usd yr earlier (Il Sole 24 Ore Radiocor) - London, 26 Jun - London-based mining group Anglo American said that rough diamond sales by its De Beers unit reached a provisional 315 million dollars in the fifth cycle of 2024, compared with 383 million in the previous cycle and 456 million in the same period a year ago.

"The northern summer is generally a quieter period for rough diamond sales, and this was reflected in our cycle 5 sales.

The recent annual JCK jewellery show in Las Vegas confirmed a resurgence in retailers' interest in natural diamonds in the United States but ongoing economic growth challenges in China mean we continue to expect a protracted U-shaped recovery in demand," said Al Cook, the CEO of De Beers.

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(RADIOCOR) 26-06-24 10:02:39 (0204) 5 NNNN