Five stories that are on the industry’s radar this week:
– Rio Tinto says diamond prices have
“returned to pre-crisis levels.”
– The Indian bourse may finally—after 20 years!—be opening. And
the GJEPC is supporting the new
sourcing cooperatives.
– Namibian diamond output has doubled
from last year.
– Zimbabwe, which may be a bigger diamond producer
than originally predicted, is turning
up the rhetorical heat against the United States, with its mining minster asking the Kimberley
Process not to “follow the U.S. agenda.” Meanwhile, speculation continues
about the possibility of a “Kimberley
Process” plus.
– DTC Botswana is on
strike.
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