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By Rose Ragsdale
For Mining News 

Diamonds rebound on broader markets

Revenue climbs as Canada's largest producing mines cash in on higher prices buoyed by new demand from Asia in global recovery

 

Last updated 9/26/2010 at Noon



The diamond industry is poised for a turnaround due to recovery in the U.S. market and growth in Asian diamond markets such as China and India, according to a new comprehensive report by Global Industry Analysts Inc.

While Europe continues to have the world's leading markets for diamonds, rapidly growing Asian economies are expected to form a significant market group, the San Jose, Calif.-base...



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