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Polar bear diamonds bankruptcy

polar bear diamonds bankruptcy

results for polar bear diamonds. Save this search. Shipping to Items in search results. Canada S$20 Glistening North Polar Bear Diamond Glitter NGC PF70 UC Box COA. C $ Was: Previous Price C $ Buy It Now +C $ shipping; From United States; Customs services and international tracking provided Missing: bankruptcy. Apr 04,  · Gem Diamonds Ltd. and Lucara Diamond Corp. had average selling prices of US$2, and US$ per carat respectively last year. polished, and laser-etched with a tiny polar bear. An iconic Canadian diamond has become a sought-after item after two companies that hold the rights to the brand closed late last year. The distinctive Polar Bear Diamonds, which are laser engraved Missing: bankruptcy.

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Dominion is currently studying two potential expansions, though both projects produce even lower-quality stones, making them a tough sell in the current environment.

There are other problems facing the sector. There is also increasing pressure from synthetic diamonds. While still a very small part of the industry, the potential threat they pose risks further hurting sentiment in an already fragile market. Still, there are reasons why Canadian diamond mines keep getting built — and in some cases it has little to do with economics.

For De Beers, which has developed three mines there, Canada reduces its dependence on Botswana, where most of its diamonds are mined.

Today, the polishing industry is all but gone and attempts by Dominion to revive the CanadaMark have met with mixed success. Everything — labour, fuel and construction — costs more in the remote north.

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Visit our community guidelines for more information and details on how to adjust your email settings. An aerial view of the Ekati diamond mine in Canada. Bloomberg News.

Thomas Biesheuvel and Danielle Bochove. Filed under Commodities Mining. Diamonds from the Diavik mine in They're not in jeopardy of failing, they're just not making as much money as we had hoped Eira Thomas, co-founder Stornoway Diamond Corp. No other major advanced economy tracked by the IMF is expected to record a larger one-year fiscal swing. All Listings filter applied. Buy It Now. Condition see all Condition. New Used 7. Not Specified 7. Please provide a valid price range.

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Free Returns. Free shipping. Completed listings. Sold listings. More refinements Additional navigation. Amounts shown in italicized text are for items listed in currency other than Canadian dollars and are approximate conversions to Canadian dollars based upon Bloomberg's conversion rates.

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