PRICE INCREASES FOR DIAMONDS
Leaders of De Beers, the largest diamond mining company in the world, announced on Wednesday that three per cent increase in prices for its products, starting with the month of June. Company Diamond Trading, marketing arm of De Beers, said that the price will be differentiated depending on the quality of diamonds. The company De Beers, 45% Anglo-American, has increased the price of diamonds by 14% last year and 3% this year, as strong demand for both traditional and emerging markets is outstripping supply.
Informs Mining Weekly.
