As the economic recession increased its stronghold on consumers, plunging jewellery sales sent the diamond industry into a tail spin. At the onset of the slowdown, the industry seemed immune, as sales of top tier goods overshadowed the decline in mid-grade diamond sales.
Continue reading "A glimmer of hope for the diamond market"
Monday, February 23, 2009
De Beers is to borrow $500 million from Anglo American and other shareholders as the global financial crisis cuts demand for the diamonds. For more information, click here
Continue reading "De Beers to Borrow $500 Million from Anglo, Investors"
The Diamond Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
DiamondInvestingNews.com maintains a focus on Diamond exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
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Tuesday, April 7, 2009