Dolat Ventures Inc. Reports Rough Diamond Prices on the Rise
Dolat Ventures Inc. announced that its subsidiary Dove Diamonds & Mining reports that Diamonds prices are up 61% from a Q1 bottom according to Harry Winston Diamonds CEO Robert Gannicott.
Mr. Dovid Hauck, Chief Executive Officer of Dove Diamonds & Mining Inc. agrees with Mr. Gannicott who stated, “Rough diamond prices have improved by at least 61% from the lows experienced at the weakest point of the market, in the first quarter of the year. Going forward, mine supply for rough diamonds will remain constrained, implying continued price rises in the near term, increasing in velocity as the US economic recovers.”
Dolat Ventures Inc., through its wholly owned subsidiary Dove Diamonds & Mining, intends to sell, market, cut and distribute its diamonds and gems around the world. The company intends to purchase rough and uncut diamonds and gems from international suppliers globally.