![]() The impact on listed diamond companies will likely be felt mainly in those which are exploring or do not have funding required to complete developments. The result will be slower demand for diamonds and erosion in prices in some areas. DOWNLOAD NEWSFLOW DOWNLOADJust as the likes of upmarket auto producer Bentley has cut its output, so will makers of diamond jewellery until consumer confidence and wealth start recovering. Download automation (download > change of path from the temporary download folder to the final folder > Rename the downloaded file) In this case the famous ' 720p' rule seems superfluous but if we take RSS by HastaReader ( you will notice that everything is mixed up. RBC’s investment conclusion is: “Diamond producers sell the raw materials for luxury goods. Russian producer Alrosa also indicated it might materially reduce rough supplies to support prices. ![]() This may not mean much attrition from the 51.1 Mct produced last year as Snap Lake has come on stream, but major mines such as Venetia have been running at above nameplate capacity and are likely to produce less. De Beers, which would attract EU Competition attention if built large inventories to support rough prices, would likely use quiet market conditions to do necessary maintenance at its mines. “Major producers are responding to slowing demand for rough diamonds by restricting production. The police are apparently investigating alleged transfer pricing irregularities. ![]() “Police raids on the offices of some Antwerp diamond companies and import agents has also contributed to lower rough prices and disappointing attendances at tenders. A recovery in rough and polished prices needs the banks to extend additional credit this is not likely in the short term in RBC Capital Markets’ view. It offers numerous customization options and features a. There have been rumours of an Indian bank asking customers to reduce their indebtedness which, if true, would have meant less money to buy at recent at recent tenders and possibly some selling of rough and polished to repay the bank. Newsflow is a feature-packed yet intuitive feed reader that downloads news directly to your device, enabling you to read them at any time. “While diamond prices are expected to respond to lower demand and tighter liquidity (“Bank lending in cutting centres remains a concern with total debt levels in excess of $15 billion. This comes after a small tender in South Africa by Etruscan Diamonds where prices were also markedly lower and the recent Letseng tender which saw prices well off the average $2,500/ct of the six months to June 2008. The most recent was last week’s HP Billiton Antwerp rough tender where prices, according to diamantaires, fell as much as 40%. Would you like to read some news stories with your morning coffee? Set the time when you want to receive your daily news report.This gloomy conclusion comes from RBC Capital Markets Equity Research saying “the past month has seen a flurry of negative news for diamonds.There are channels from which you don’t want to see any articles? No problem, you can easily mute these channels.If there is a news source you would like to follow separately, you can create a new channel for it as well. ![]() You can also set the order of the channels. If you are interested in a category, you can create a new channel for it.In the TOP channel we collect all important news stories, you can personalize your TOP channel by choosing the categories from which you want stories to be included on this tab.Our hard-working bots are continuously scanning and analysing news stories from more than 100 publishers to bring you the latest, most important and trending stories, so that you can’t miss anything. ![]() Personalize your Newsflow app: choose the topics you are interested in, highlight the sources you want to follow, mute the ones you don’t like. Follow the most important and latest news stories from more than 100 different news sources displayed in a pleasant and structured form in your Newsflow. ![]()
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