Sales and profits have plunged at Dominion Diamond, the world’s third-largest diamond producer, and the company has followed other producers and lowered prices in August. Its average diamond price has fallen some 5 percent year to date, it said. The company posted a 24 percent sales drop for the second quarter of 2016 (ended July 31), […]
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Source: Dominion Diamond Lowers Prices as Sales, Profits Fall