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    Diamonds Lose Some Shine, No Further Big Falls Anticipated

    Investing News Network
    Sep. 06, 2011 10:02AM PST
    Gem Investing

    Mining Weekly reports analysts say diamond prices should hold their current levels for the year and into 2012.

    Mining Weekly reports analysts say diamond prices should hold their current levels for the year and into 2012.

    The market news is quoted as saying,

    Diversified giant BHP Billiton last month reported a 15% to 20% drop in prices for its most recent tender, with other suppliers showing a 10% to 15% decline, said BMO Capital Markets analyst Edward Sterck.

    For the complete market news, click here.

    bmo capital marketsedward sterck
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