If you ever happened to attend a presentation of investments in diamonds or diamonds, you probably allocate the same "schedule" in which the demand for diamonds soars up, while the proposal is hopelessly dragging behind it.
For at least the last decade, this looming gap in the proposal was the main element of the presentations, highlighting the shortage of new mines and growing appetites for luxury goods from Shanghai to Mumbai. The only problem here is that the movement relative to the X axis on the chart continues and always represents sweet promises.
This assessment is based on the shortage of new diamond projects - it has been decades since the last discovery of a large field, and most of the diamonds near The surface of the Earth is already excavated. The extraction of rough diamonds reached its peak in 2006, when 176 million carats were produced, and then fell to 146 million carats in 2013.
The diamond industry is largely dependent on seven giant mines that are rapidly aging. For example, the mines of Jwaneng and Orapa of De Beers in Botswana are the two largest in the world; They account for about 20 percent of the planet's diamond resources. They were opened respectively in 1982 and 1971, and after that nothing was found of the same scale.
From the report of the company Bain & Co. About the situation of the world diamond industry:
The supply of rough diamonds and demand for it in 2013-2024; 2013 = 100, at 2013 prices (red graph - forecasted demand, black graph - forecasted production, 2015F - forecast for 2015, etc.)
http://www.bloomberg.com/news/articles/2015-07-03/the-missing-diamond-shortage
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