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Alrosa sells bank, to focus exclusively on diamond mining

Cecilia Jamasmie | March 02, 2015 | 11:48 am Europe Diamond 

Russia's Alrosa, the world's No. 1 diamond producer by output in carats, announced Monday it has sold its majority stake in its subsidiary LLC MAK-Bank to Expobank, as part of its ongoing move to unload non-core assets. The miner, which owned...

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