De Beers sitting on largest diamond inventory since 2008, FT reports
The diamond giant has faced multiple headwinds in recent years.
South Africa’s total mining output rose 21.9% year-on-year in May compared to a revised increase of 117.4% in April, Statistics South Africa said on Tuesday.
The country was under a strict lockdown to curb the spread of the coronavirus in April last year, denting output.
(By Tanisha Heiberg; Editing by Helen Reid)
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