Polished diamond exports dip by 47% in U.S

Import of rough diamonds decreases by 64%

Post By : Diamond World News Service On 11 June 2009 10:37 PM
According to reports, BHP’s first half attributable profit has reduced by 2.4% to $6.017 billion. Calculating the underlying profits before interest, tax and depreciation increased by 6.4%, on Y-o-Y, reached $11.2 billion, while the first half costs rose by 1.9% due to higher prices for raw materials.%%For its trade in diamonds, BHP’s underlying earnings before interest and taxes decreased by or 7.7% to value at $72 million, as compared to last year’s figures. However, the increase in diamond sales volumes and lower unit costs at the Ekati mine in Canada, allowed a relief. The yields at the Ekati mine were good, of higher grade and the underground mining and increased cost efficiencies added to the benefits.

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