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. Last Updated: 07/27/2016

De Beers, Alrosa Ties

MOSCOW -- De Beers and Almazy Rossii-Sakha, or Alrosa, Russia's biggest producer and exporter of rough diamonds, intend to strengthen mining cooperation.

Alrosa said in a news release that De Beers representatives visited Yakutia on Thursday, where they met with Vladimir Dyukarev, an Alrosa first vice president and the company's general director.

Cooperation will continue to embrace geological exploration and ore processing, but will also take on new aspects, like the exchange of expertise in organizing safety and security at diamond mines, streamlining costs and converting from open-cast to underground mining.