Tag: African Diamond Mining
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The Shifting Landscape of the Diamond Market: Synthetic Stones, Price Decline, and a Rare Pink Treasure from Namibia
Invest Offshore Exclusive In the glimmering world of diamonds, the old adage “forever” is being challenged—not by diminished beauty, but by changing market dynamics. The global diamond industry is undergoing a structural shift as the rise of synthetic diamonds shakes investor confidence in natural stones, leading to a significant decline in prices for both polished…
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A Single Point Of Failure
Submitted by Ahmed Bin Sulayem, Kimberly Process Chair 2024 The global diamond industry once again finds itself at a crossroads, and while the need to curb conflict diamonds and ensure ethical sourcing remains paramount, the European Union’s proposal for a single diamond control node in Antwerp raises serious concerns about sovereignty and efficiency, while undermining the…