posted in:

De Beers - www.yourminingnews.com

De Beers announces half year results

Friday, Jul 31, 2009

Historically Difficult Trading Conditions Show Significant Improvement in Q2

As the global economic crisis worsened during Q4 2008, De Beers forecast significantly lower sales for 2009 and took decisive steps to ensure the long-term sustainability of its business. De Beers continues to focus on five key elements (production levels in line with client demand, cost savings, operating efficiencies, debt management and stimulation of consumer demand).

Source: De Beers

posted in:

Other Mining News

Corvus Gold secures electrical power at the North Bullfrog project, Nevada, announces Director Departure 17-05-2013
TAD acquires the Iskut Copper Gold Prospect in BC 15-05-2013
Logistics management given prime attention by mining companies today 15-05-2013
Sustainable health and safety conditions a growing concern in the mining industry 15-05-2013
Western Graphite beginning Phase I program at Pure Flake Graphite Mine 14-05-2013
Potash Ridge accomplishes unconditional right to convert exploration lease into mining lease 14-05-2013
Prominex Resource Corp. announces application approval for Tulks Hill mining lease 14-05-2013
Century Iron Mines Corporation files preliminary economic assessment for its Duncan Lake Iron Project 14-05-2013
Cyanco announces startup of a new sodium cyanide plant in Alvin, Texas and expansion of facilities in Winnemucca, Nevada 14-05-2013
Moly Mines Limited announces mine gate sale of Spinifex Ridge Iron Ore 14-05-2013

Advertisers