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Diamond News Broadcast

Rough Producers Benefit from Rising Prices

Feb 16, 2011 6:00 PM   By Rapaport
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Download MP3 audio. MasterCard Advisors’ SpendingPulse reported strong  retail sales growth  in the U.S. for January although this didn't include jewelry.  Gitanjali Group reported strong results for it fiscal third quarter and shares in the company were given a boost.  BHP first fiscal half diamond revenue reflected strong rough diamond prices. Trans Hex and Namakwa Diamonds both held successful rough diamond tenders this month. Lucara Diamond Corp.  raised $60 million towards its AK6 funding efforts.
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