Diamond: Waiting To Exhale

Resource Investing News

  The diamond industry braces for more hardships as Black Friday sales brought in little green. The landscape appears bleak. Will De Beers $1 billion rights issue and Africa Israel’s $2.1 billion debt shenanigans bring out the sun? With many producers still gasping for air post the economic downturn, the crucial period for consumer spending …

 

The diamond industry braces for more hardships as Black Friday sales brought in little green. The landscape appears bleak. Will De Beers $1 billion rights issue and Africa Israel’s $2.1 billion debt shenanigans bring out the sun?

With many producers still gasping for air post the economic downturn, the crucial period for consumer spending between Thanksgiving and Christmas has got the industry in a bind.

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