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RAPAPORT… De Beers sold $485 million of rough diamonds in its eighth sales cycle of
the year, exceeding expectations in a seasonally quiet period ahead of the Diwali holiday in
India.
While the figure for September is still the
lowest for this year, sales soared 57 percent from a year ago when demand hit
rock-bottom levels. Sales in the 7th cycle were restated at $639 million.
The Diwali…

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