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De Beers interim profit up at US$414 million

DE BEERS continues to paint a rosy picture of future diamond demand after reporting a 34% increase in profits.

Tim Treadgold
De Beers interim profit up at US$414 million

The giant but unlisted diamond producer said profits rose to US$414 million in the six months to June 30 compared with $308 million in the first half of last year. Rough sales by Diamond Trading Co,...

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