| 18.11.2008 - Gem diamonds bloodied |
| From Mineweb.com: Average prices for prized Letšeng diamonds have fallen 45% from USD 2,512/carat in first-half 2008 to an average USD 1,382/carat, so far, in the fourth quarter. But is this yet the bottom? London-listed Gem Diamonds has announced painful trading and operational updates, including the jarring news that the company may even post losses for the year to 31 December 2008..... Full Article: Source |