OTHER

Mixed messages for diamond sector

After a very strong recovery following an industry-wide inventory buildup in 2014-2015 and again after India’s demonetisation in late-2016, the diamond industry’s momentum has begun to stall, or perhaps normalise is the proper verbiage.

Gahcho Kué (pictured) and Renard, in Canada, have both got off to a disappointing production start (photo: DPA)

Gahcho Kué (pictured) and Renard, in Canada, have both got off to a disappointing production start (photo: DPA)

Here we are a little more than half way through 2017, and industry fundamentals are not necessarily negative, but signals are mixed with a subdued tone. In the industry’s largest market, the US, retail...

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