Moreover, work on the Kholo diamond project continues apace and development of the Ghaghoo diamond mine in Botswana is advancing according to schedule and on budget. In addition, on October 28 Gem Diamonds sold its 80% interest in Galuh Cempaka ? an ...

After stocking rough diamonds till July, these firms, functioning out of Mumbai, Surat and Antwerp, were caught on the wrong foot when polished diamond prices began to slip from August. Polished diamond prices are down 5-10% from their peak in July. ...

Amid financial market volatility since the end of the summer, diamond prices have been falling, at times quite rapidly. The headlines of the Euro-zone debt crisis have crowded out both the rise in diamond prices earlier this ...

Rough diamond prices are higher today than they were before the 2008 recession, and analysts are optimistic about the future as the new middle classes in China and India embrace luxury goods. Diamond demand from China, India and the Gulf is expected to ...

PRESS RELEASE, November 3, 2011, New York: Certified polished diamond prices fell in October, as buyers continued to push for deeper discounts. Confidence was impacted by tight liquidity and concerns for the economic recovery. ...

( News) ? Global polished diamond prices slipped again in October for the third consecutive month, according to the Global Polished Diamond Price Index, but showed some vitality near the end of the month. ...

StockMarketWire.com - Gem Diamonds has enjoyed a good performance since July despite a softening in rough diamond prices. It says this was especially evident in lower quality diamonds. BUT CEO Clifford Elphick said Let?eng and Ellendale both achieved ...

?These supply restraints will undoubtedly improve the atmosphere in the entire diamond supply pipeline, creating also much needed upward pressures on polished diamond prices,? concluded Mr Ganz. (miningweekly.com)

It started with a few words to a Bloomberg reporter and within hours the world press recycled and hummed about De Beers Chief Executive Officer Philippe Mellier's position on rough diamond prices - and prices in general. The main message is that the ...

However, with a 25 per cent rise in polished diamond prices over the year, this strategy may be challenged too. International gold prices have cooled off by about 11 per cent since they peaked in June, while polished diamond prices declined about 9 per ...