Diamond Investing News » De Beers in 99% Loss as Diamonds Lose Their Glitter

De Beers in 99% Loss as Diamonds Lose Their Glitter

July 28, 2009 @ 4:41 am In Diamond Company News

The world's leading diamond producer, De Beers, has reported a 99-percent dip in net profits for the first half of 2009 to just $3 million after demand for luxury goods was hard hit by the international recession.

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