Junior Diamond Miners in Talks to Supply SDT

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Wed, Aug 13, 2008
Diamond Company News
Post by Melissa Pistilli, Diamond Senior Reporter

Junior diamond mining companies in South Africa are in talks with the State Diamond Trader to supply up to 10% of their diamond output.

Abbey Chikane, the SDT’s chief executive, said last month:

The state trader had made acquisitions of 130,000 carats of diamonds from De Beers at an average price of $100 a carat.

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