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A tough year for diamond stocks

UK-listed diamond stocks continue to show weakness as uncertainty remains over the state of the market and where exactly prices will stabilise.

The company is heading into undliuted ore at Cullinan in South Africa

The company is heading into undliuted ore at Cullinan in South Africa

Shares in Petra Diamonds are amongst the worst hit this year, down some 65% and touching a fresh five-year low of 67.55p earlier this week. Fellow UK-listed players, Gem Diamonds is down 43%, while Firestone...

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