Mining Weekly reported rough diamond prices were down for 2011 as the economic crisis in Europe affected demand.
As quoted in the market news:
London-listed Gem Diamonds reported on Thursday that the average value of its fourth-quarter Letšeng sales was 23% weaker on a year-on-year basis, with the company achieving $2 543/ct, down from $3 291/ct in the same quarter of 2010.
