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Diamond miner Alrosa's profit down 3% in first quarter

Cecilia Jamasmie | June 24, 2014 | 3:50 pm Europe Diamond 

Russia-owned diamond miner Alrosa said Tuesday its first-quarter 2014 net profit had fell 3% to $177 million, year-on-year, due to higher foreign exchange losses. The world's No.1 diamond company by output saw a big jump in revenue: up 43% to $1.6 billion, as a result of higher...

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