De Beers Chief Gareth Penny has been vocal about supply shortfalls, and a lack of prospects to keep up with increasing demand for diamonds. With the Chinese diamond market exploding and decreasing output from some of the largest mining operations in the world, is the market heading towards “Peak Diamond.”
Continue reading "Supply Shortages May Herald in era of ‘Peak Diamond’"
Monday, March 22, 2010
New pressures are being put on the Kimberley Process Scheme to deal with human rights violations from the Marange and Chiadzwa diamond fields. Zimbabwe’s refusal to deal with the issues and work with Kimberley Process officials may threaten to derail the organization.
Continue reading "Kimberley Process Under Pressure"
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Monday, May 3, 2010