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Diamond giant De Beers halts work at flagship South African mine as demand plummets

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NEWSDECK ANALYSIS
De Beers is a major player in the global diamond industry, with a long history of mining operations in South Africa. The company's decision to halt work at its flagship mine reflects the significant impact of declining demand on the diamond market. The two-year production stoppage is likely to have substantial economic implications for the local community, given the large number of employees at the mine.
This story is currently only covered by one source from a single part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.
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Diamond giant De Beers halts work at flagship South African mine as demand plummets
Production will stop for two years at the mine which employs more than 4,000 people.
14 Jul, 13:22
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