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Thu 08 Aug 2010Auction of unbanned diamonds held in Harare

GEMS VALUED at €56 million from the controversial Marange diamond fields in Zimbabwe were put up for auction yesterday, the first legal sale since international regulators partially unbanned trading in the precious stones two months ago.

Buyers from the United States, Israel, Russia, Lebanon and India were said to be at the heavily guarded auction in Harare’s international airport where 900,000 carats mined since the end of last May went under the hammer.

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