De Beers warns diamonds aren't forever
Hong Kong (AFP) Sept 17, 2014 - The De Beers diamond cartel warned Wednesday that global production will decline from 2020, a trend that could spell pricier bling for consumers. A dearth of major new diamond finds means that production might not keep up with ever-increasing demand from the United States, China and India, the firm claimed. "Unless major new discoveries are made in the coming years, supply can be expecte ... more
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