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Quotes from the news wire:
An immutable and secure digital trail was created for a selection of rough diamonds mined by De Beers as they moved from the mine to cutter and polisher, then through to a jeweler.
– De Beers
One of the things that accelerated this is the current state of the diamond market.
Growth would have been almost five percent had it not been for the strengthening of the U.S. dollar against the currencies of several of the major diamond consumer markets in the latter part of 2014.
Overall, this trend is expected to affect the way the industry operates.
This is a cyclical business so it might be a little bit weaker this year than last year but ... the long-term fundamentals are still good.
In the United States there was a trend toward less Christmas gift shopping immediately before Christmas, driven by early retail promotional activity. Meanwhile growth in China was impacted by a softer macroeconomic environment and the protests in Hong Kong.
The fact that we performed well in 2014, a year that has been difficult for many of Anglo's other businesses because of (weak) commodity prices really is a testament to the diversified business model that Anglo has, i hope those other commodities start to do better.
I hope those other commodities start to do better.
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"De Beers Quotes." Quotes.net. STANDS4 LLC, 2020. Web. 6 Jul 2020. <https://www.quotes.net/authors/De+Beers+Quotes>.
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