Gold Consumption: How India lost out to China

Gold jewellery and investment demand in China in 2009 is expected to reach 432 tonnes, compared with 422 tonnes from India.

Post By : Diamond World News Service On 05 December 2009 2:20 PM
According to reports, Petra Diamond Consortium has been officially approved by the South Africa’s Department of Minerals and Energy as the new owner of the Cullinan mine.$$The Consortium had purchased the mine from De Beers for $150 million, some months ago. The Petra Diamonds Cullinan Group includes Petra, the Saudi based invest company Al Rajhi Holdings and Thembinkosi Mining Investments.

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