Rough Diamond Prices Down in 2011

Gem Investing

Mining Weekly reported rough diamond prices were down for 2011 as the economic crisis in Europe affected demand.

Mining Weekly reported rough diamond prices were down for 2011 as the economic crisis in Europe affected demand.

As quoted in the market news:

London-listed Gem Diamonds reported on Thursday that the average value of its fourth-quarter Letšeng sales was 23% weaker on a year-on-year basis, with the company achieving $2 543/ct, down from $3 291/ct in the same quarter of 2010.

Click here to read the full Mining Weekly report.

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