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Namakwa Diamonds loss narrows, upbeat on outlook
Oct. 28, 2010 10:53AM PST
Gem InvestingReuters.com reports that Namakwa Diamonds (LON:NAD) announced an improvement in demand from its’ key markets, and a subsequent narrower full-year pre-tax loss.
Reuters.com reports that Namakwa Diamonds (LON:NAD) announced an improvement in demand from its’ key markets, and a subsequent narrower full-year pre-tax loss.
The story is quoted as saying:
The diamond producer, which operates in South Africa, Botswana, the Democratic Republic of Congo (DRC) and Israel, also forecast total production for fiscal 2011 at about 316,000-317,000 carats.
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