The ratchet effect of each successive contract negotiation implies that Botswanan governments will now have even greater management of the diamonds discovered within the country. De Beers consequently has fewer diamonds for its consumer base, each internationally and domestically in Botswana. Factors corresponding Jewelery News to these point out probably weaker short-term consumer confidence and negativity for future diamond acquisition by the mass markets. The Kimberley Process statistics indicate that Russia continues to be selling diamonds strongly, with 2022 exports of 36.7 million carats valued at $US3.87 billion ($AU5.8 billion).
Istanbul Jewelry Show, organized by Informa Markets with the sponsorship …