CAPITAL MARKETS

De Beers strikes US$4 billion diamond deal with Russia

DIAMOND giant De Beers has signed a US$4 billion trade deal with Russia's Alrosa, continuing the ...

Greg Tubby

The agreement, the latest in a 40-year relationship between De Beers and the Russian diamond industry, covers about 50% of Alrosa's annual production of rough diamonds, which De Beers will market. Of...

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