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A crisis forever? How diamond miners are digging in
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A crisis forever? How diamond miners are digging in
THE impending liquidation of Ekapa Mining following a deadly mudslide last month brings the curtain down on roughly 150 years of diamond mining in Kimberley, where the junior miner was based. As a historic footnote in Kimberley’s decline, the closure of Ekapa seems emblematic of the distress in diamonds globally; a two-year slump in unpolished gems is asking existential questions of the industry’s most prominent miners. In January, De Beers cut …
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