|
|
|
|
||
Re: Is Rio in a "Rush"none of the majors cut, polish their own production other than the Rio Pinks. The money in diamonds is in both ends of the chain, notably mining, and retail jewellery. The mid market segment of cut and polish is plagued with very low margins and non profitability as miners control tightly the price and supply of rough. It really is a strange business. Does this answer your question. |
return to message board, top of board |