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Are mining companies the best stewards of the diamond industry?
Diamonds are a luxury good, but they are currently being mined and sold like a fungible commodity
De Beers made a big move into the synthetic diamond space with its Lightbox brand. Credit: De Beers
Anglo American last week announced its plans to sell off De Beers. Barring the unlikely outcome that another major buys it, than would signal the end of the era of large diversified miners operating diamond...
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