Diamond News
Diamond miners are expected to have to offer more price cuts in 2016 to help the industry clear a backlog...
Andrei VesselovskiDiamond miners are expected to have to offer more price cuts in 2016 to help the industry clear a backlog of stock and revive sales, according to sector experts.
The likely need for lower prices and possible supply cuts will put further strain on the balance sheets of some miners including Anglo American, which owns De Beers, the largest supplier of rough diamonds by value.
The likely need for lower prices and possible supply cuts will put further strain on the balance sheets of some miners including Anglo American, which owns De Beers, the largest supplier of rough diamonds by value.
| Diamond miners face more price cuts in 2016 - FT.com Diamond miners are expected to have to offer more price cuts in 2016 to help the industry clear a backlog of stock and revive sales, according to sector experts. The likely need for lower prices and possible supply cuts will put further strain on |
