« Global Jewelry Sales to reach $230 Billion by 2015 | Main | Is that You behind those Tiffany Sunglasses? »
Diamond Prices To Go Up in 2007
Reuters reports today that Diamond prices are set to rise in 2007 as global supply falls significantly below demand, quoting Firestone Diamonds Chief Executive Philip Kenny.
Kenny told Reuters that an imbalance had been created by diminishing stock-piles at the world's biggest producer De Beers, coupled with a shortage of new mines coming on stream.
That will mean that prices would have to rise next year, despite a softening of prices in 2006, he said.
"There is a broad consensus that there will be a shortfall in supply in 2007," "In recent years the shortfall was made up by De Beers selling down stockpiles, but now they are just selling what they mine."
He added that there were no major mines about to come into production, partly as it has been seen as a major challenge in recent years to build a mine able to make a decent return.
"It's very difficult to find an economically viable diamond mine, and a lot of suitable locations are climatically or politically difficult places to work -- like Angola or Northern Russia," Kenny said.
"The fundamentals on prices weren't the same five to 10 years ago; the price forecast was not as bullish as it is now," he added.
Kenny added that growth in demand for diamonds had historically been roughly linked to global GDP growth, around 5 percent a year.
TrackBack
TrackBack URL for this entry:
http://blogadmin.diamondvues.com/mt-track-back.cgi/5725




Comments
The new Zune browser is surprisingly good, but not as good as the iPod's. It works well, but isn't as fast as Safari, and has a clunkier interface. If you occasionally plan on using the web browser that's not an issue, but if you're planning to browse the web alot from your PMP then the iPod's larger screen and better browser may be important.
Posted by: cheap asics shoes on March 23, 2011 2:42 AM
If you're still on the fence: grab your favorite earphones, head down to a Best Buy and ask to plug them into a Zune then an iPod and see which one sounds better to you, and which interface makes you smile more. Then you'll know which is right for you.
Posted by: asics cumulus 9 on March 29, 2011 12:44 PM
This is getting a bit more subjective, but I much prefer the Zune Marketplace. The interface is colorful, has more flair, and some cool features like 'Mixview' that let you quickly see related albums, songs, or other users related to what you're listening to. Clicking on one of those will center on that item, and another set of "neighbors" will come into view, allowing you to navigate around exploring by similar artists, songs, or users. Speaking of users, the Zune "Social" is also great fun, letting you find others with shared tastes and becoming friends with them. You then can listen to a playlist created based on an amalgamation of what all your friends are listening to, which is also enjoyable. Those concerned with privacy will be relieved to know you can prevent the public from seeing your personal listening habits if you so choose.
Posted by: sale asics on March 29, 2011 9:17 PM
I'm excessively impressed with your writing skills and also with the design on your post. Is this a paid theme or did you modify it yourself? Either way keep up the excellent quality writing, it's rare to see a good site like this one today..
Posted by: Joseph Snore on April 6, 2011 9:55 AM
Zune and iPod: Most people compare the Zune to the Touch, but after seeing how slim and surprisingly small and light it is, I consider it to be a rather unique hybrid that combines qualities of both the Touch and the Nano. It's very colorful and lovely OLED screen is slightly smaller than the touch screen, but the player itself feels quite a bit smaller and lighter. It weighs about 2/3 as much, and is noticeably smaller in width and height, while being just a hair thicker.
Posted by: Christian Louboutin Pumps on April 8, 2011 3:07 AM
I haven’t checked in here for a while because I thought it was getting boring, but the last few posts are great quality so I guess I’ll add you back to my daily bloglist. You deserve it my friend :)
Posted by: odzywki on April 10, 2011 4:46 AM
The new Zune browser is surprisingly good, but not as good as the iPod's. It works well, but isn't as fast as Safari, and has a clunkier interface. If you occasionally plan on using the web browser that's not an issue, but if you're planning to browse the web alot from your PMP then the iPod's larger screen and better browser may be important.
Posted by: asics shoes on April 12, 2011 12:51 AM
Sorry for the huge review, but I'm really loving the new Zune, and hope this, as well as the excellent reviews some other people have written, will help you decide if it's the right choice for you.
Posted by: Cheap rosetta stone on April 12, 2011 6:41 AM
Howdy! Good read i think your page is wonderful with sublime information which i will add to my bookmarks. Thanks.
Posted by: portable breathalyzer on April 14, 2011 8:49 PM
i do notagree absolutely
Posted by: rosetta stone software on April 22, 2011 1:14 PM
I like this web blog very much so much excellent information.
Posted by: kulturystyka on April 24, 2011 12:59 PM
Upon additionally examine, why was notALN on th is l ist? That was a terrible redesign. I do notknow what you??? d kick from the bottom ten to place that in there, but nevertheless!
Posted by: Cheap rosetta stone on April 25, 2011 2:03 PM
Thanks for this insightful post. The info I have gained from your blog is truly inspiring
Posted by: juicy couture tracksuits on May 22, 2011 9:27 PM
I don’t normally comment on blogs.. But nice post! I just bookmarked your site
Posted by: mac pigment eyeshadow on May 26, 2011 11:48 PM
I feel youve produced some really intriguing points. Not too numerous people would really believe about this the way you just did. Im genuinely impressed that theres so a lot about this subject thats been uncovered and you did it so well, with so considerably class. Excellent 1 you, man! Truly excellent stuff here.
Posted by: Ski Travel Insurance on June 2, 2011 2:16 AM
If I may well --perhaps you should consider adding a couple of images. I dont mean to disrespect what youve said; its extremely enlightening, indeed. Nonetheless, I feel would respond to it a lot more positively if they could possibly be some thing tangible to your suggestions. Maintain it up, but put a little much more into it next time.
Posted by: Dual Shower Heads on June 4, 2011 3:31 PM
How-do-you-do, just necessary you to know I've added your website to my Google bookmarks due to your extraordinary blog layout. But seriously, I think your web site has among the freshest theme I've came across. It genuinely assists make reading your weblog a great deal easier.
Posted by: mens shoulder bags on June 4, 2011 4:27 PM
For what its worth, the layout is undoubtedly incredible. You know how you can balance writing and images/videos. Nevertheless, I cant get over how little you really bring to light here. I feel that everyones said the identical factor that youve said over and over again. Dont you believe its time for something more?
Posted by: Hotels Near Wembley Stadium on June 4, 2011 6:00 PM
Thank you for this blog. Thats all I can say. You most certainly have produced this blog into something thats eye opening and important. You clearly know so a lot about the subject, youve covered so numerous bases. Wonderful stuff from this part of the web. Again, thank you for this weblog.
Posted by: Asda Travel Insurance on June 5, 2011 7:27 AM
Howdy, i read your blog occasionally and i own a similar one and i was just wondering if you get a lot of spam comments? If so how do you avoid it, any plugin or anything you'll be able to advise? I get so considerably lately it is driving me mad so any assistance is quite significantly appreciated.
Posted by: Shower Head Holder on June 5, 2011 8:18 AM
Aw, this was a truly quality post. In theory I'd like to write like this too - taking time and actual effort to create a fantastic article... but what can I say... I procrastinate alot and in no way seem to get some thing carried out.
Posted by: large tote bags on June 5, 2011 11:25 AM
Youre so correct. Im there with you. Your blog is certainly worth a read if any person comes across it. Im lucky I did since now Ive got a whole new view of this. I didnt realise that this issue was so crucial and so universal. You undoubtedly put it in perspective for me.
Posted by: panoxyl on June 5, 2011 5:04 PM
What I wouldnt give to have a debate with you about this. You just say so a lot of issues that come from nowhere that Im fairly sure Id have a fair shot. Your blog is fantastic visually, I mean people wont be bored. But others who can see past the videos as well as the layout wont be so impressed with your generic understanding of this topic.
Posted by: Boots Travel Insurance on June 5, 2011 10:30 PM
Im a huge fan already, man. Youve completed a brilliant job generating certain that individuals recognize where youre coming from. And let me tell you, I get it. Great stuff and I cant wait to read more of your blogs. What youve got to say is essential and requirements to be read.
Posted by: panoxyl on June 6, 2011 12:43 AM