While De Beers, gov’t negotiate, new threats emerge :: Mmegi Online

In discussions over several days in Las Vegas recently, where more than 30,000 diamond professionals, from miners to jewellers and consumers, met for the industry’s main calendar event, Staff Writer, MBONGENI MGUNI, found that other issues are foremost in the industry’s minds, beyond the talks between Botswana and De Beers

It would have been natural to assume that the 30,000-plus diamond industry professionals who gathered in Las Vegas, USA for the annual JCK Show recently, would have, uppermost in their minds, the ongoing talks and tensions between government and De Beers on a new deal.

After all, as has been repeatedly pointed out, the 54-year old deal between the two partners is the diamond industry’s single most important covenant, each year producing the world’s highest production of rough diamonds by value.

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