Russian diamond giant first to report dropping revenues

- September 24th, 2008

Diamond Investing News reports its a unique year for the diamond industry despite the US financial turmoil recently. Many companies have been reporting that sales are down, however, sales of top quality gems have risen, and this is causing many companies to churn record breaking profits. The top jewelry sales time is just around the corner, … Continued

Diamond Investing News reports its a unique year for the diamond industry despite the US financial turmoil recently.

Many companies have been reporting that sales are down, however, sales of top quality gems have risen, and this is causing many companies to churn record breaking profits. The top jewelry sales time is just around the corner, and, not till that milestone is over and the numbers are crunched will companies be able to draw conclusions on the successes and failures of 2008.

For complete story, click this link. Follow developments in resource mining and exploration for free.Sign on to the Resource Investing Newsletter.

 

Leave a Reply