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Home » Murowa earnings hit by declining diamond prices
National Report

Murowa earnings hit by declining diamond prices

written by Almot Maqolo, Staff Writer 0 comments
Diamonds
A total of 423 066,43 carats were put under the hammer at an average bid price of about $67 per carat.
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RIOZIM’s associate, RZM Murowa (Murowa) says its revenue and profitability were negatively affected by receding global diamond prices despite a slight uptick in production during the six months to June 30,2024. Mining activities from the pits remained suspended as the company is currently engaged in extensive exploration targeted at extending the life of itSupport authors…

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