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De Beers, Alrosa cut EU-friendly deal

DE BEERS is reported to have struck a deal with Russia's Alrosa diamond exporting cartel that wil...

Tim Treadgold

The new arrangement is said to involve a 25% reduction in cut diamond sales to De Beers by Alrosa, freeing up more stones for other buyers. The reduction is believed to reduce the value of stones being...

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