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De Beers Increases Prices of Large Diamonds

Move reflects intense shortage of 5-carat-plus rough at February sight.
A large rough diamond from Canada image

De Beers has raised prices of 5-carat and larger rough diamonds at this week’s sight in Botswana as manufacturers scramble to obtain the in-demand goods.

The move reflects severe shortages of the rough at the miner and on the open market, since global production cuts have had a…

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De Beers Increases Prices of Large Diamonds

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