2017 diamond flows and what lies ahead

IDEX just reported on the 2017 Diamond Pipeline in the latest number of their online magazine. The 2017 update of IDEX’s conceptual map is an insert of a wider analysis of the current state of the diamond industry. It’s always worthwhile to read informed analysis; don’t miss it at http://www.idexonline.com/Magazine.html.

IDEX’s Magazine view is somber, considering 2017 as the calm before the storm. “The industry is heading into a period where the next few years will see some of the fundamental operating principles of the industry undergo changes“. The main industry drivers, in their opinion are the

  • industry financing,
  • tightening diamond supplies (apparently good news for me, as my company is active in the exploration and evaluation of diamond deposits especially in Angola),
  • lab-grown diamonds (synthetics) – our favorite villain since I remember,
  • compliance and the
  • data tsunami (with the potential to reshape the industry) – see our post of a few weeks ago on gold, gold, gold, crypto coins, blockchain and diamonds.

I am an optimist: changes are just a fact of life. There will be those that won’t adapt, others will. To be one of the laters, keep checking your markets’ pulse, keep changing.

From bad to worse: exploration financing

“The exploration sector continues to face a challenging capital raising environment with no signs of a turnaround.”

If the opening statement of the PDAC’s mid-year financing review doesn’t discourage you, read the full document: mineral-financing-mid-year-review-(core–fall-2015).

Keep fighting. What else?