Global Diamond Exchange, Inc. (GBDX)

[starfire]

for example, if my memory serves me right, these paragraphs were not so elaborate...I could be wrong!!

"Now the republic develops new diamond pits (Nyurbinskayaand Botuobinskaya), as well as new refining factories. The main institution of the diamond industry is the joint-stock company ALROSA"

"About 50% of the company's rough diamonds are sold in foreign markets. ALROSA has a distribution agreement with De Beers' marketing arm, The Diamond Trading Company, but is reducing the amount of diamonds it supplies to De Beers. The company also markets its own stones and supports a growing Russian diamond-cutting industry. ALROSA's largest shareholders are the Russian Ministry of State Property (37%), the Republic of Sakha (Yakutia), where it is based (40%), and various legal entities and individuals (23%)."