Diamond Industry Seeking New Path for Growth

27/04/2015 13:02

Ehud Arye Laniado takes an insighful look at the state of the industry only a month ahead of JCK Las Vegas and notes that, "2015 already appears to be a year of fighting for survival and capital preservation ... it seems that the industry is only looking forward to 2016." The most significant trend is that despite dwindling demand for higher price point diamonds and manufacturers declining large amounts of rough and reducing polishing, miners have lowered production rather than prices, demonstrating their confidence in the future.