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Gold/Mining/Energy : SOUTHERNERA (t.SUF)
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To: gemsearcher who wrote (5714)2/21/2000 10:23:00 AM
From: PHILLIP FLOTOW   of 7235
 
gemsearcher,
I believe this is the story you referred to, but it may have a different slant:
Leviyev to Market Most of Angola's Rough Diamonds in Israel
By Keren Tsuriel

Diamond merchant Lev Leviyev will market most of Angola's rough diamonds in Israel. This will increase the supply of rough diamonds to the Israeli diamond industry. A statement to this effect was made today by Ministry of Industry and Trade Supervisor of Diamonds Udi Shintel. According to Shintel, the import of these diamonds will amount to a maximum $1 billion a year. The price of the diamonds will apparently be low, as they will be marketed directly in Israel, thereby saving mediation fees by Belgian agencies.

Shintel noted that Leviyev's willingness to increase the supply of rough diamonds in Israel will help the country become a world leader for rough diamonds.

Published by Israel's Business Arena on 20 February, 2000

PHIL
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