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Anglo American PLC said on Wednesday demand for rough diamonds remained strong on an annualised basis, but fortunes eased slightly sequentially in the second sales cycle of the year.
Rough diamond sales value for the provisional second sales cycle rose by 18% $650 million, from $550 million in the same cycle last year.
But sales in the second cycle dropped slightly by 1.5% from $660 million in the first cycle.
The provisional rough diamond sales figure quoted for cycle two represents expected sales value for the period between February 21 to March 8, while the first cycle looks at sales between January 17 and February 1.
Anglo American owns 85% of rough diamond miner and dealer De Beers. Anglo American has a primary listing on the London Stock Exchange and secondary listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the Namibia Stock Exchange and the SIX Swiss Exchange.
In Johannesburg, Anglo American shares were down 1.6% at R 752.51 on Wednesday morning, while they fell by 0.3% to 3,823.00 pence in London.
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