Senior Precious Metals & Diamond Analyst, ABN Amro
(Excerpts from ABN Amro’s Diamond Sector Watch report, dated June 11th, 2018)
W e have not been present in De Beers’ boardroom but we think that the most likely strategies behind the announcement of De Beers are as follows. First, De Beers would like to create clear segmentation of the two different industries: a natural diamond industry and a laboratorygrown diamond industry. If successful, it could protect the revenues from the mined diamond business. It is possible to create two different industries. However, it remains to be seen if this will happen. Markets will only remain separated if the products in the two different markets are sufficiently different.