North Australian Diamonds Limited

Both the rough and retail diamond markets have proved to be remarkably resilient despite being heavily impacted by global economic trends.

Demand for rough diamonds now exceeds supply, with the difference expected to continue over the coming years and result in further price increases. The prognosis for rough diamond prices over the next ten years is very favourable with annual increases of 5% predicted due to declining production from current world reserves and increasing diamond demand.

Rappaport has reported increases of 15-20% across most categories of good quality gem diamonds for the first quarter of 2011, which further confirms the increasing demand. These price movements translate to prices in excess of US$330/ct for Merlin ' Run of Mine' diamonds.

Sources: RBC Capital Markets, March 2010 & BMO Capital Markets, March 2010

World Diamond Council

Rapaport

Diamond News Agency

Diamond Investing News

Jewellery Outlook

 

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Latest News
  • 17 July 2018 Pink diamonds discovered at Merlin Mine > Read more

  • 11 July 2018 Mining approvals update and contractor mobilises to Merlin Mine > Read more

  • 12 June 2018 ASX Appendix 3X - JI Gutnick > Read more

  • 8 June 2018 Appointment of Executive Chairman > Read more

  • 30 April 2018 Quarterly Report March 2018 > Read more

  • 30 April 2018 Quarterly Report March 2018 > Read more

  • 27 April 2018 Governance Report > Read more

  • 27 April 2018 Appendix 3B - New Issue Announcement > Read more

  • 15 March 2018 Half yearly financial statements > Read more

  • 15 March 2018 Half yearly financial statements > Read more

Contact

  • Merlin Diamonds Limited
  • Level 1A, 42 Moray Street
  • Melbourne Victoria 3006
  • Telephone 61 (03) 8532 2858
  • Facsimile 61 (03) 8532 2805
  • info@merlindiamonds.com.au