No Plans To Shut Down Damtshaa Mine - Debswana

"We are not planning to close down the mine," the company's spokesperson Esther Kanaimba told the Monitor on Friday.

"We are analysing the current situation to see how best to position the company."
 A not-so-glittery picture of the diamond industry was again painted last Thursday by financial services firm RBC Capital Markets, which warned there would be little hope of any significant improvement in the price of diamonds until well into 2009, according to Mining Weekly online.