Diamond sales drop for first time in 2016
Wednesday, May 25, 2016
“As normal seasonal trends return to the market, we are encouraged by the continued stability of demand for rough diamonds shown in the fourth sales cycle of 2016,” said Philippe Mellier, chief executive officer of De Beers.
The relatively small drop in May follows consecutive increases in the four sales from December to April, after a slump in the second half of 2015 to an estimated low of $178 million in November.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...