Dominance of De Beers and the other big companies is not going to change so quickly. What will continue to change, however, are the rough diamond marketing structures. We will probably see the end of the Diamond Trading Company within a few years. We will also most likely see that the governments of Botswana, Namibia and South Africa will control their own marketing mechanisms, just as the governments of Angola and Russia are doing today. Rough diamond marketing may ostensibly be in the hands of private companies, but it will definitely be more government-controlled.
- Chaim Even-Zohar
www.diamondintelligence.com
www.mine2mistress.com
www.idexonline.com
Spot on.
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