Saturday 17 March 2012

Petra's Dippenaar Upbeat for Small Diamond Demand

Diamonds.net: Dippenaar stressed that these goods were significantly cheaper a few years ago and that there is still “room for growth,” as scores of new Chinese consumers enter the market. “Diamonds are a late cycle product and China’s urbanization is bringing more and more diamond customers to the market,” he explained. “This hasn’t even happened in a big way yet, but they will start by buying moderately priced goods and create a larger market for smaller stones.”

Firestone Diamonds PLC : - Interim Results

4-Traders: Tim Wilkes, CEO of Firestone Diamonds, commented: "The higher than expected cash outflows in H1 2012 are mainly due to the general weakness in the diamond priceexperienced from July 2011 combined with technical challenges experienced at both the Liqhobong and BK11 plants. With the restructuring that has been undertaken, the Company is now focused on increasing Liqhobong's revenue per carat production in 2012 and in developing the Main Treatment Plant in order to reach our target of producing over 1 million carats per annum by 2015, whilst achieving the required run rate by Q4 2014".

Bots forms diamond firm

Southern Times: “The diamond market is changing to the extent that not only the traditional markets of the US, Europe and Japan have to be watched but also the developing markets of China and India. In addition, there are also new private-sector company participants.

STANBIC TURNS 20

The Voice: "“Stanbic Bank is very proud of its association with Botswana. It has been a very exciting 20 years for the Bank in this market, and we are satisfied with our growth in this period. We have developed into a mature and profitable entity, and it is our hope that the Bank will continue to make a positive impact in the lives of our clients,” attested the Stanbic Bank Managing Director Leina Gabaraane."

Friday 16 March 2012

Choosing Your Forex Broker - Five Things To Consider

 Blog Tim EA Fx: "If you decide to trade forex, you will have plethora of brokers to choose from. This very fact leads to the confusion. Choosing the best broker is a little tricky. It is a fierce market. Different brokers will come up with variety of ideas to attract more and more traders. You should not choose the broker based on the attractive schemes but on the basis of the few fundamental factors which are very important. If you combine those with any schemes, it will be the icing on the cake."

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