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Argyle H1 Rough Diamond Output Drops While Diavik Rises

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Rio Tinto reported a production of 3.2 million carats from its Argyle mine in Australia for the second quarter of this year. This is an eight percent drop from the second quarter production in 2016. The share of production from the Diavik mine in Canada, in which Rio Tinto holds a 60 percent ...

India Will Become Second Largest Market For Forevermark This Year

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India is expected to elbow the US aside this year to become the second largest market after China for De Beers brand Forevermark, according to the brand’s chief executive Stephen Lussier. Currently, China accounts for 50 per cent of sales, with the US and India accounting for 15 percent ...

Virginia Drosos Appointed Signet CEO As Mark Light Departs

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Signet Jewelers Limited, which has recently been dogged by controversy over sexual harassment discrimination accusations by employees of its Sterling Jewelers brand, announced ...

Washington Group Agrees To Buy Dominion Diamond For $1.2B

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The Washington Companies, a group of privately held mining, industrial and transportation businesses founded by entrepreneur Dennis Washington, announced that they have agreed to buy the Dominion

Russian Finance Minister Siluanov Re-Elected ALROSA Chairman

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Russian Finance Minister Anton Siluanov has been re-elected Chairman of the supervisory board of state-controlled diamond miner ALROSA. Head of the Republic of Sakha ...
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