Diamonds: Not Everybody's Best Friend

"Diamonds are nothing more than chunks of coal that stuck to their jobs." — Malcolm Forbes

Chart of the Day Good morning! When Anglo American and Canada's Teck Resources announced plans to merge recently, the immediate takeaway revolved around what could become one of the largest copper miners in the world. Copper would comprise up to 70% of the proposed new company's revenues, with zinc, iron ore, and other metals making up the rest. Left off the list was diamonds. However, ...

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