1
Everything Mining Industry
 
Country Focus
Back Copies
 
Mining Weekly Magazine
 
Engineering News Magazine
 
How to Guide
 
 
more  
 
Limit search to:
Where?
With?
Start Date   
End Date   
 
 
 
Back
 Address to refer: https://www.researchchannel.co.za/article/diamonds-2021-agility-in-the-face-of-crisis-2021-10-26
 Article Headline: Diamonds 2021: Agility in the face of crisis
 Abstract: The diamond industry was already under pressure before 2020, and the situation was exacerbated by the Covid-19 pandemic, which compelled the major miners to adopt a price-over-volume strategy and take steps to support the midstream segment. They reduced production by 20% and allowed customers to postpone purchases, and when demand recovered in the third quarter of 2020, the major miners lowered rough diamond prices by 10%. Consumer demand received a further boost from strong holiday jewellery sales in December 2020, and 2021 has thus far proved to be a success for all segments of the diamond value chain, with miners achieving record sales, midstream margins growing amid high prices and jewellery sales exceeding previous forecasts. Creamer Media’s ‘Diamonds 2021: Agility in the face of crisis’ report provides an overview of the world diamond market amid the Covid-19 pandemic. The report highlights rough diamond production, supply and demand, imports and exports, the production of synthetic diamonds, as well as the responsible sourcing of diamonds. The report has a specific emphasis on diamond mining activities in South Africa over the past 12 months, and provides updates on the country’s major and midtier diamond producers, junior diamond mining companies, explorers and developers.
 Your Name:
 Your e-mail:
 Your colleague's e-mail: - separate emails by commas, maximum limit of 4 addresses
 A personal note:
 

Please enter the letters you see in the image below
Verification Image. Please refresh the page if you cannot see this image.

 
 
 
 
 

Latest content...

Telecommunications 2024: SA's telecoms landscape expanding and evolving image Buy Report   Telecommunications 2024: SA's telecoms landscape expanding and evolving Buy Report Coal report cover Buy Report   Coal 2024: Logistics logjam Buy Report Report Cover Buy Report   Just Energy Transition 2024: Investing in the future Buy Report Hydrogen 2024: Implementation crucial going forward Buy Report   Hydrogen 2024: Implementation crucial going forward Buy Report Roads, Rail & Ports 2024: Inefficiencies reach new lows Buy Report   Roads, Rail & Ports 2024: Inefficiencies reach new lows Buy Report Africa Mining PIP cover image Buy Report   Africa Mining Projects in Progress 2024 Buy Report
 
Image of road construction and upgrade Key Ridge and Hammarsdale upgrade project, South Africa Published: 15 Nov 24 Image of the Port of Mossel Bay Port of Mossel Bay’s Quay 4 precinct multipurpose terminal, South Africa Published: 15 Nov 24 Image of road construction Southern region road infrastructure build programme, South Africa Published: 15 Nov 24
 
Australia’s national investment fund makes first bet on mining Published: 18 Nov 24 Australia’s National Reconstruction Fund will invest A$40-million ($26-million) to boost mining equipment manufacturing in the state of Queensland,... PPC moving into Phase 2 of its recovery plan Published: 18 Nov 24 PPC CEO Matias Cardarelli JSE-listed cement and construction materials company PPC has started working on the second phase of its turnaround strategy, with the benefits of... African air safety has improved significantly, but more still to be done Published: 18 Nov 24 International Air Transport Association (IATA) director-general Willie Walsh has hailed progress in aviation safety in Africa but urged that more...
 
Engineering News 15 November 2024   Engineering News 15 November 2024 View Back Copy Engineering News 08 November 2024   Engineering News 08 November 2024 View Back Copy Engineering News 01 November 2024   Engineering News 01 November 2024 View Back Copy Engineering News 25 October 2024   Engineering News 25 October 2024 View Back Copy Engineering News 18 October 2024   Engineering News 18 October 2024 View Back Copy Engineering News 11 October 2024   Engineering News 11 October 2024 View Back Copy
 
Register for daily alerts on news as it breaks in various key economic sectors - Click here to register
Close