Diamond market21 Sep 2019 21:38
Sep 2019 20:18
Less production from Dominion Diamonds’ Ekati mine and the proposed closure of Rio Tinto’s Argyle mine, however, would ease some of the pressure on the smaller stone market where most of the pain is being felt, said Sterck. This would be from about 2020.
“This abatement in oversupply should provide some level of support to diamond prices, especially in the event we see proactive production curtailment from the major diamond producers,” he said.