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De Beers looks for 2002 rebound after 22% slump

DIAMOND cartel De Beers is hoping for a sales recovery in 2002 after a weakening global economy a...

Greg Tubby
De Beers looks for 2002 rebound after 22% slump

Rough diamond sales fell to US$4.45 billion from a record US$5.67 billion in 2000, missing De Beers' US$4.8 billion target. De Beers, which controls about two-thirds of the rough diamond market, sacrificed...

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