Burgundy bets on vertical integration in ultra-luxury diamonds play
Michael BennetWA reporter
In a couple of months, Peter Ravenscroft plans to be in Paris launching Australia’s first ultra-luxury diamond brand since the renowned Argyle pink diamonds.
Not too long after, the boss of Burgundy Diamond Mines hopes jewellers will be selling diamonds mined, cut, polished and branded by the listed Perth-based junior to the rich and well heeled for up to $10 million a pop.
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