https://thewest.com.au/business/public-companies/african-diamond-production-in-sight-for-newfield-c-5892686
The company seems to be on track to start producing diamonds this year. With the conflict in Ukraine and the sanctions against Russia (who produces a third of the world's rough cut diamonds), this will put pressure in the near term on the price of rough cut diamonds. There are no many companies moving from development into production in the next 12 months. This will give an investors to a positive exposure to diamond prices in the next 12-24 months.
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