https://www.miningweekly.com

DIAMOND PRICE LAID BARE

6th February 2015

By: Darlene Creamer

  

Font size: - +

Diamond price weakness will continue until new sources of liquidity are found, say Liberum Capital mining analysts Ben Davis and Richard Knights. The share price of London-listed Gem Diamonds fell sharply after Petra Diamonds announced it was experiencing weak pricing and the analysts are encouraging investors to look beyond current negativities, given that diamonds have the advantage of being the most consolidated of all world commodities. To soften the illiquidity blow, De Beers is allowing its sightholder customers to defer 25% of their allocation and Alrosa is expected to follow suit.

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION