An necessary issue that remains unclear to me is the long-term perspective of consumers. This reduction will impression the shoppers in Botswana that receive diamond allocations for local factories. Originally Botswana wished these factories to be established and supported with allocations from De Beers. My reflection on the deal, as we all know it to be, is that De Beers had no alternative however to simply accept the calls for of Botswana’s government. Should the Ukraine war cease, an emotional rebound globally is on the cards which could imply a surge in diamond acquisition.
Although diamonds are endlessly, there isn’t …