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. Last Updated: 07/27/2016

More Diamond Talks

MOSCOW () -- Russian diamond giant Almazy Rossii-Sakha and South African diamond group De Beers are expected to resume meeting next week to discuss options for a trade deal, with a possible agreement by the end of the month, an Almazy official said.

Russia and De Beers last month signed a memorandum recognizing De Beers as the sole legal buyer of all Russia's rough diamond exports and Almazy as the main exporter.