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One Reason Diamond Prices Will Continue To Go Up!

Interfax News Agency reports that Rough diamond production in Russia's Yakutia territory fell 9 percent in terms of carat weight.

ALROSA, owner of the diamond mines in the area, decided to reduce physical volume of rough due to increased diamond extracting costs in mines, and due to increases in rough prices, which boosted revenue overall just the same.


Posted by Barry Gutwein on July 30, 2005 10:28 PM in Diamond News | Comments (8)

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