Diamcor Presentation Q2 24
Changes to Rough Diamond Supply in 2024
Provenance and assurance that diamonds are ethically mined and non-
conflict is now paramount and has become an absolute requirement.
De Beers cannot increase production levels to meet the elimination of
Russian supply, various mines are nearing the end of their life, and no
new sources have been identified for years, all adding to shortages.
• Increased competition to secure sources of quality / large natural
diamonds directly by luxury retailers is developing quickly.
Luxury retailer's are focused on high value natural diamonds not LGD.
Consumer expectations are high, supplies are expected to drop, securing supply a growing concern for many
As the rarity of natural diamonds grows, their value and desirability to luxury consumers will increase
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Diamcor Presentation Q2 24
DIAMCOR
MINING INCView entire presentation