Gem

Mining Weekly reported that the Yair Shimansky, the CEO of diamond jewelry designer and manufacturer, Shimansky , said a greater supply of diamonds should be made available to local cutters and polishers as it adds more value to the South African economy.

Mining Weekly reported that the Yair Shimansky, the CEO of diamond jewelry designer and manufacturer, Shimansky , said a greater supply of diamonds should be made available to local cutters and polishers as it adds more value to the South African economy.

As quoted in the market news:

He says South Africa still produces high-quality diamonds and, as the demand for diamonds in countries such as India and Asia is increasing, “there is definitely a gap between supply and demand”. This will lead to diamonds increasing in value, providing South Africa with a significant opportunity to grow its diamond industry.

Click here to read the full Mining Weekly report.

MARKETS

Markets
TSX19885.94+307.64
TSXV669.72+5.89
DOW33309.51+535.10
S&P 5004210.24+87.77
NASD12854.80+360.88
ASX6992.70-37.10

COMMODITIES

Commodities
Gold1786.23-5.33
Silver20.50-0.09
Copper3.66+0.01
Palladium2239.00-9.00
Platinum948.00+2.00
Oil91.79-0.14
Heating Oil3.40-0.01
Natural Gas8.29+0.09

DOWNLOAD FREE REPORTS

×