Tag Archive | "fall"

Diamond prices dip

Tuesday, December 2, 2008

In what can be described as a positive aspect of the global meltdown, following the credit crunch the world over, prices of all metals across the board have seen a dip due to a steep fall in demand. And so did it happen in case of diamonds. For full story, click here

Kopane suspends production in Lesotho as diamond prices tumble

Tuesday, December 2, 2008

Kopane Diamond Developments has announced that it intends to suspend production at its diamond mining plant in Lesotho in southern Africa after tumbling diamond prices put at risk the profitability of the operation. For full story, click here

Gem Diamonds may call off December tender

Tuesday, November 25, 2008

Gem Diamonds may not hold a rough diamond tender in December and is reconsidering the way it runs these tenders given the fall in diamond prices, a statement issued by the company said. For full story, click here

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