From February 15th to March 13th, a market-cap weighted aggregation of diamond miners in U.S. dollars including ALROSA Joint-Stock Company, Petra Diamonds Ltd, Dominion Diamond Corp, Gem Diamonds Ltd, Lucara Diamond Corp, Stornoway Diamond Corp, Firestone Diamonds Plc, and Mountain Province Diamonds Inc, was down 14.3%.
The company is currently analyzing options to resume work as soon as possible, which includes hiring temporary workers to replace those that have downed tools.
Great Panther Silver's modus operandi is to buy a past-producing mine, get it up and running as quickly as possible, and use the cash flow to fund more acquisitions, says CEO Bob Archer
China releases scorching industry output growth, fixed investment numbers for January-February. Third attempt to restart talks at giant Chile mine fails.