Tags

, ,

RAPAPORT… Gem Diamonds will stop production at the Ghaghoo mine in
Botswana, effective immediately, due to a slump in prices, the company said
Thursday.
The miner has decided to place the asset on “care and
maintenance,” meaning it will put diamond recovery on hold but keep managing
the site until market conditions improve.
The average price of rough diamonds extracted from Ghaghoo
fell …

from Rapaport – News http://ift.tt/2lmROMq
via IFTTT

Advertisements