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De Beers' profit down 53%; Venetia expansion still going ahead

Cecilia Jamasmie | July 20, 2012 | 9:31 am Precious Metals Top Companies Africa Europe Diamond Gold 

Profit for De Beers, the world's number two diamond producer after Russia's Alrosa, is down 53% for the first half of 2012 affected by worries over consumer demand and shortage of financing for cutters and polishers. The miner’s profit before...

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