De Beers sees India as a bright spot, notes early recovery signs in US
India is the world's largest centre for cutting and polishing diamonds, accounting for nine out of 10 diamonds polished globally.
BHP Billiton is moving forward with the Misery open pit project at its Ekati diamond mine in Canada, expecting to start producing ore in late 2015. BHP Billiton has also announced the appointment of Tim Cutt as President, Diamonds and Specialty Products, effective 1 June 2011.
