Brind.
  1. Market pressures from large language models (LGD) are affecting traditional diamond producers, with China's influence on global prices being a key factor.
  2. De Beers is experiencing subdued rough diamond demand and price declines in the global market.

The South African diamond industry is facing decline, with small-scale mining affected in the Northern Cape and North West, relying on Surat for rough diamond cutting.

1 report, 1 independent Updated Sep 2
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The South African diamond industry is facing decline, with small-scale mining affected in the Northern Cape and North West, relying on Surat for rough diamond cutting.

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