These five trends are playing out in the diamond industry

Mining News Pro - Despite relatively stable consumer demand for diamonds in established markets like the U.S. and notable growth from newer markets like China, for the most of last decade the diamond industry has felt apathetic. This can in part be explained by an arguably oversupplied supply-chain, insufficient marketing efforts and a general pessimism towards the diamond business as a changing consumer economy challenges traditional industries.

Diamond industry forecast for 2021 and beyond

Mining News Pro - Global diamond production this year fell by more than 20% to about 113 million carats due to planned production declines by the major producers and significant pandemic-related suspensions and curtailments across the industry, Paul Zimnisky, an independent diamond analyst and consultant told The Northern Miner.

How a pandemic upended the global diamond industry

Mining News Pro - As the coronavirus pandemic upended the global diamond industry, shuttering mines from Lesotho to Canada and disrupting supply chains, Rajen Patel swapped diamond polishing for peanut farming.

Diamond industry’s torrid year set to continue for some time

Mining News Pro - The crisis afflicting the diamond industry won’t end anytime soon, according to Liberum Capital Markets.

Diamond Industry Transformation Imperative

Mining News Pro - Government should consider transforming the diamond industry for greater private sector and citizen participation, especially in light of the Vision 2036 aspiration to become a high income economy, says Business Botswana president Mr Gobusamang Keebine.

Don’t give up on the diamond industry just yet

Mining News Pro - If diamond miner equities are a proxy, the sentiment surrounding the diamond industry is now at historically low levels.

These are the three main trends to shape the diamond industry in 2019

Mining News Pro - This year will likely go down in history as the one when lab-grown diamonds, made for decades as an inexpensive alternative to mined stones for industrial purposes, finally cracked the consumer market, largely thanks to millennials` evolving shopping tastes.e

These are the three main trends to shape the diamond industry in 2019

Mining News Pro - This year will likely go down in history as the one when lab-grown diamonds, made for decades as an inexpensive alternative to mined stones for industrial purposes, finally cracked the consumer market, largely thanks to millennials` evolving shopping tastes.

Tracr blockchain platform for diamond industry appoints new general manager

Mining News Pro - An innovative industry defining blockchain platform designed for the diamond industry has a new general manager, leading the platform into the next phase of its industry wide development.

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