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Industry restocking boosts De Beers’ cycle one rough diamond sales

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DIAMONDS
Diamond miner De Beers achieved an “encouraging” sales performance in the first sales cycle of this year, with industry restocking contributing to increased demand for rough diamonds. The company sold $665-million worth of diamonds in the sales cycle, compared with sales of $445-million in the tenth cycle of 2017.
 
 
 
 
 

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