A speculative bubble in rough diamond prices is likely to pop by mid-2010 and threaten a re-run of last year's industry crisis, according to an executive of the world's second-largest producer, Russia's Alrosa.
Shares of Anglo American were higher Tuesday, following a surge in the previous session, on fresh speculation that Aluminum Corp of China (Chinalco) could be interested in taking over the miner... Read More
As we dig around the rubble of the economy for some glimmer of hope, DeBeers gives us a real shiner: They’re ramping up diamond production in anticipation of a better Christmas this year than last.... Read More