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Article: Slide in diamond price shuts parts of Ellendale.
- Article from:
- Australasian Business Intelligence
- Article date:
- March 17, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Kate Emery
Mar 17, 2009 (The West Australian - ABIX via COMTEX) -- UK-based Gem Diamonds in late 2007 bought Kimberley Diamond Company for $A300m, but has since been forced to mothball parts of the Ellendale operation in Western Australia due to falling commodities prices and the credit crisis. ...