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Company outlines strategic cost optimisation, portfolio streamlining and operational changes to strengthen resilience while positioning for long-term growth in the natural diamond industry.
De Beers Will Lower Official Book Prices To Match Current Market Levels
Recovers 31.5 Million Carats Valued At $2.72 Billion (Averaging $86 Per Carat).
The Mine's Operator, Storm Mountain, Cited A Severe Financial Crisis Driven By A Prolonged Drop In Global Rough-diamond Prices, Rising Middle East Conflict