Diamond prices are spiking and even De Beers can’t fill the gap - News24

5/11/2022 12:00:00 AM3 yearsago
by Thomas Biesheuvel
by Thomas Biesheuvel
Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but …
- Prices are surging in some corners of the rough-diamond market.
- Diamond cutters, polishers and traders are struggling to source stones after the US levied sanctions on Russian company… [+3643 chars] full article...