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De Beers diamond sales tumble as Covid hits global demand

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World’s biggest producer sells $2.7bn of rough diamonds this year, down a third on 2019

Sales at the diamond miner De Beers have slid to their lowest level in almost a decade, after the pandemic took the shine off global demand for gems and jewellery.

The world’s biggest diamond producer said it had provisionally sold $2.7bn (£1.9bn) of rough diamonds during 2020, down a third on 2019’s sales of more than $4bn.

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