De Beers Appears to Cut Prices, Shifts to More Opaque Invoices

Sightholders say new system makes rough less commoditized.
Rough diamonds at De Beers’ offices in Calgary, Canada image

De Beers has reduced prices of weaker rough goods at this week’s sight, sources estimated — but a key change to the miner’s policy has made it harder to calculate adjustments.

The company is no longer providing sightholders with…

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De Beers Appears to Cut Prices, Shifts to More Opaque Invoices

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