THE international diamond industry is being held to ransom over issues related to ‘conflict diamonds’, according to South African stockbroker BoE Securities (Pty) Limited.
THE international diamond market is reported to be decidedly nervous over the enhancement treatment by General Electric which can produce high-grade precious gems from low-quality stones.
POOR global market conditions for high-quality diamonds has forced the De Beers controlled Central Selling Organisation to cut back sales in an attempt to stabilise the market.
27 Apr 1999
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