Sector Focus 

Cracks in mid-cap diamond sector

Cracks in mid-cap diamond sector

Successful investing is based on buying low and selling high, as the adage goes. The diamond market is at a low point and listed miners are suffering: shares in the seven larger public diamond miners on the Toronto and London stock exchanges are down between 40 and 88 per cent on a year ago, and Stornoway Diamond Co has handed its Renard mine in Quebec to creditors after only two years of operation.

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