Demand for Southern African diamonds increases as Russian stones banned
Diamond miners are seeing increased demand for their gems but are scared they might not be able to keep up with the demand
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De Beers diamond sales dip, sees stronger 2008
De Beers, the world’s top diamond producer, posted a dip in 2007 diamond sales on Friday, but forecast a rebound this year amid a tight market that was expected to keep prices buoyant. ”We are in an environment where the rough diamond market is strong,” managing director Gareth Penny told a conference call.
