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Monday, March 16, 2009

Indebted Diamond Sector

Indebted diamond sector set for shakeout as demand collapses
http://www.mineweb.com/mineweb/view/mineweb/en/page37?oid=79840&sn=Detail

Some players may not be around. Some big players may not be as strong. The market will be smaller and debt will have to fall.
- Victor van der Kwast

Useful links:
www.abnamro.com
www.diamonds.net
www.rosyblue.com
www.bvgd.be
www.awdc.be

Sign of the times, really. Everyone is cautious about diamond business today. No one knows what will happen.

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