De Beers Diamond Sales Up 27%
Bloomberg reported De Beers said its sale of diamonds rose 27% on increased demand from the US, India and China.
Bloomberg reported De Beers said its sale of diamonds rose 27% on increased demand from the US, India and China.
CNBC reported that in 2011 decade long held diamonds saw a return of more than 100%, but that the spread between buying and selling is tumultuous.
Bloomberg reported BHP Billiton Ltd. (ASX:BHP,NYSE:BHP) may leave the diamond industry for at least 20 years as it focuses on larger projects.
Mining Weekly reported Petra Diamonds' (LSE:PDL) production is up 64% and the company is on track for two-million carat output in 2012.
Reuters reported diamond traders met in Antwerp to discuss the future of the diamond industry.
Reuters reported polished diamond prices may struggle to hold onto gains in the first quarter of 2012 due to worries over the global economic outlook.
Mining Weekly reported rough diamond prices were down for 2011 as the economic crisis in Europe affected demand.
Diamcor Mining Inc. (TSXV:DMI,OTCQX:DMIFF) reported an update on its South African diamond project.
Reuters reported the diamond market has inched up slightly on the PolishedPrice Index.
Mining Weekly reported Rockwell Diamonds (TSX:RDI) has consistently exceeded its carat expectations at its alluvial mine.
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