StockGuru Blog: Delta Mining and Exploration – Diamonds and Global Growth
DMXP Stock Guru Profile OTCBB: DMXP Delta Mining and Exploration. Diamonds Sales Grown Three-fold Past 25 Years. Turning to global markets, Eli Avidar, managing director of Israel Diamond Institute (IDI), said overall diamond sales would grow this year if prices for rough diamonds retreated from the levels they had climbed to on the back of concerns about tightening supply. Last month, the world’s biggest diamond producer De Beers said it expected a reduced supply of rough diamonds to distribute to its clients in the first half of 2007, adding to sector expectations of price increases. He said global diamond sales…