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De Beers Is Digging Up More Diamonds Than Any Time Since 2008

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Photographer: Chris Ratcliffe/Bloomberg

De Beers mined more diamonds last year than any time since the global financial crisis of 2008.

The company, a unit of Anglo American Plc, mined 33.5 million carats in 2017. That’s a 22 percent jump from a year earlier, beating its own target. Production was boosted by its new Gahcho Kue mine in Canada and better market conditions.