Global Diamond Manufacturing Hangs "In The Balance"

15/06/2015 10:28

“IDMA's members are struggling for survival ... the future of global diamond manufacturing is in the balance. The manufacturers are those who carry the largest and most significant burden of the diamond pipeline [...] no matter where diamonds are cut, we are experiencing unendurable pressure from all the market's segments and players”.

- International Diamond Manufacturers Association (IDMA) President Maxim Shkadov, press release from the Presidents' Meeting