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.
Rough diamond prices are on the rise. De Beers boosted rough diamond prices by an average of 5 percent this month due to strong demand for diamonds in Asian emerging markets and tight supply. A De Beers official was quoted as saying: Buoyant diamond demand from China, India and the Middle East would more than offset [...]
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