Rough Diamonds Under Pressure
Diamond – Mining Weekly reported the rough diamond market will continue to suffer from lowered prices, slowed sales and tightened liquidity.
Diamond – Mining Weekly reported the rough diamond market will continue to suffer from lowered prices, slowed sales and tightened liquidity.
Diamond – Bloomberg reported rough diamond prices are expected to stay about the same throughout the remained of the year, according to analysts at BMO Capital Markets.
Diamond – Bloomberg reported De Beers named Tiffany & Co. (NYSE:TIF) as one of 75 companies looking to sale its diamonds for the next three years.
Diamond – Bloomberg reported De Beers said its sale of diamonds rose 27% on increased demand from the US, India and China.
Diamond – Mining Weekly reported rough diamond prices were down for 2011 as the economic crisis in Europe affected demand.
Diamond – The prices for rough diamonds has recently fallen. Is this a sign that diamonds are losing their shine?
Diamond – Reuters Africa reported De Beers expects global demand growth for rough diamonds to set a new record this year.
Diamond – Green Bay Press Gazette reports the Smithsonian National Museum of Natural History has accepted several hundred rough diamonds.
Diamond – Diamond consumption and prices have been on the rise this year. Demand in India and China are expected to keep that momentum going throughout the remainder of 2011.
Diamond – In the wake of the Kimberley Process Scheme meeting in Jerusalem, no decision has yet been made on lifting the export ban on Zimbabwe’s “blood” diamonds, and Indian merchants are pushing for trade to be resumed.
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