Decoding the diamond market

摘要

With a dismal 2015 in the rear-view mirror, the first half of 2016 saw surprisingly strong demand for rough diamonds. However, with new production coming online from several mines in the next year, investors likely won't be able to rely on buoyant rough diamond prices to fuel diamond miners' share prices, says Des Kilalea, a mining analyst with RBC Capital Markets. In an interview with Diamonds in Canada in late September, Kilalea explained recent trends in the market, and what they're likely to mean for rough diamond and equity prices in 2017 and beyond.