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, July 31, 2008
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 [...]
Continue reading "Rough diamond prices rising"
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Wednesday, January 7, 2009