As the economic recession increased its stronghold on consumers, plunging jewellery sales sent the diamond industry into a tail spin. At the onset of the slowdown, the industry seemed immune, as sales of top tier goods overshadowed the decline in mid-grade diamond sales.
Continue reading "A glimmer of hope for the diamond market"
Wednesday, January 21, 2009
As economic turmoil spread around the globe in ‘08, the diamond industry lost some of its brilliance. The industry was doing well until about September, then diamond prices and sales went on a steep descent. Diamond prices are down about one-third since their high last August
Continue reading "Around the globe, diamond exports drop"
Wednesday, January 7, 2009
When 2008 started off, the world’s mining industry was in the mist of a boom, with never before seen prices being fetched for most of the metals, and miners raking in profits. With the way 2008 came to a close, it is hard to imagine that this was the scene just months earlier.
Continue reading "In ’08, diamonds lost their luster"
Thursday, November 20, 2008
Faced with the worst crisis in decades, diamond mining companies have decided to cut production and rough diamond supply to their clients over the next few months. For full story, click here
Continue reading "Diamond mining companies to cut production & rough supply"
The Diamond Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
DiamondInvestingNews.com maintains a focus on Diamond exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Get our exclusive independent commentary on diamond trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Tuesday, April 7, 2009