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

 

© 2012 Merlin Diamonds Limited. All rights reserved.

Investor Centre

ASX MED
Latest News
  • 11 May 2017 Notice of general meeting > Read more

  • 28 April 2017 Quarterly Report 31 March 2017 > Read more

  • 29 March 2017 Merlin completes Entitlements Offer of $5.5m > Read more

  • 23 March 2017 Entitlements Issue > Read more

  • 16 March 2017 Half Year Financial Statements > Read more

  • 16 March 2017 Entitlements issue - Alternate BPay Information > Read more

  • 14 March 2017 Green diamonds recovered at Merlin diamond mine > Read more

  • 6 March 2017 Letter to Ineligible shareholders re Entitlements Issue > Read more

  • 6 March 2017 Letter to shareholders re Entitlement Issue > Read more

  • 28 February 2017 Appendix 3B -New Issue Announcement > 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