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ALROSA and Angola Russia’s largest diamond miner ALROSA reported a 7 percent year-on-year increase in sales volume in the first four months of 2017, having sold 16.9 million carats of rough. Yet, the revenue from sales in this period dropped 12.5 percent year-on-year to $1.7 billion. ALROSA Vice President Yury Okoemov explained that this was due to a change in the company’s sales strategy: “While …

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