Faberge Seeks Partnership With ALROSA - Rapaport

Luxury goods brand Faberge is seeking to partner with Russian diamond miner ALROSA, an official from Faberge’s parent company, Pallinghurst Resources, told Reuters. ALROSA, Gilbertson explained, presented an opportunity since it has been ordered to end its supply to De Beers by 2009, from $600 million worth in 2006.

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