Diamcor Presentation Q2 24 slide image

Diamcor Presentation Q2 24

Current Rough Diamond Supply .~130M carats annually, ~38M from De Beers, ~40M from Alrosa (Russia), balance from approximately 15 other medium/small producers. Rough diamonds were historically purchased from De Beers and Alrosa sight-holders, or at tenders/auctions in Antwerp, Dubai, Africa. Supply vs. Demand imbalances were typically small and driven by consumer spending or growth in certain markets. Russia/Ukraine conflict has resulted in sanctions on ~35% of global supply. Strengthened sanctions by G7 & EU in 2024 are expected to cause supply issues for many by Q3-2024 Planning for these supply changes is a key consideration of Luxury Retailers 10 Diamcor Presentation Q2 24 DIAMCOR MINING INC
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