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Articles tagged with: diamond production

Recent Initiatives in Russia’s Booming Diamond Business

By Martin W. Lewis | May 4, 2012 |

Rio Tinto, the British-Australian mining giant, recently announced that it would begin investing in Russian diamond extraction, forming a partnership with the Russian firm Alrosa. Alrosa, 90 percent of which is owned by the Russian government, is now the world’s largest diamond miner, having surpassed De Beers in 2011.

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