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He is the new vice president of sales and business development, and will represent the company’s natural and lab-grown diamond lines.
Sales were down 12 percent year-over-year but up 31 percent compared with the previous sales cycle, reaching their highest point in months.
It’s the mine that produced the 1,109-carat chunk of rough as well as the 813-carat “Constellation” diamond.
But the mining company said sales picked up in the second half of the quarter, marking a “turning point” in destocking in the midstream.
The partnership brings DeBeers back into the secondhand market after it closed its own diamond buyback service in April.
National Jeweler

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