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Maroc Maroc - MININGMX.COM - A La Une - 26/Jun 06:38

Diamonds in ‘downward spiral’ as De Beers sales falter again

ROUGH diamond sales fell again for De Beers with no signs of the much desired diamond market recovery on the way. Al Cook, De Beers CEO said that while a recent conference demonstrated a resurgence in retailer interest in diamonds, China continued to exert downward market pressure. “We continue to expect a protracted U-shaped recovery […]

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