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Namibia’s Diamonds Dwindle

Tuesday, November 24, 2009

Namibia is having to contend with strong under currents these days. The economic recession has put paid to the country's main life-line: diamond exports. The road ahead?

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Diamond industry warns of drastic change

Tuesday, March 10, 2009

Traders, cutters, and retailers are all warning that the diamond business’ struggles will cause a restructuring of the entire industry.

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In ’08, diamonds lost their luster

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.

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The true value of Canadian diamonds

Monday, December 1, 2008

Global Diamond industry is undergoing a strong transition towards growing demand for "conflict-free" or "violence-free" or ethical diamonds- guaranteed to originate from ethical and environmentally responsible sources. This transition is in response to the growing awareness among people and consumers worldwide about the so called "Blood diamonds"

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Holiday jewellery purchases decline

Tuesday, November 25, 2008

With the Christmas buying season upon us jewelry companies who would typically have their biggest sales of the year are bracing for disappointing numbers. A study completed this fall by the Harrison Group and American Express Publishing found that of all the luxury categories, jewelry could take the biggest hit in the downturn.

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US recession- boulder into a pond

Tuesday, November 11, 2008

Here at diamond investing news, we have been following how the financial crisis has been impacting the industry. For a brief summary over the past few months, it was not until the end of September that dropping revenues became an issue to diamond industry participants.

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Global meltdown hits diamond market

Tuesday, October 28, 2008

Diamond trading activity has witnessed a recent drop-off as buyers face extreme uncertainty about the viability of current price levels. Traders expect the prices of gems to deteriorate in the coming months, but no one has any idea as to how much of a change to expect.

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Diamonds under pressure

Wednesday, October 15, 2008

Diamond prices have held their own this year, despite the markets impetuous downward spiral. Prices of top gems have been keeping the finances rolling while mid grade mass consumed diamonds sales slumped. Now, as the crisis deepens, Diamond prices are under pressure.

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