OREANDA-NEWS. October 16, 2007. Dear ladies and gentlemen!
Today, for the first time the diamond market faces the growing deficit of rough. The cause is not the well-known "diamond pipeline" issues, but a number of other reasons, reported the press-centre of ALROSA.

During the last decade no new large diamond deposits have been discovered, many of the existing ones are almost depleted. and the companies have to go underground. This makes the supply of rough diamonds scarce.

According to a number of well -founded estimates, to the year by 2012 the demand for diamonds will reach USD 18 bln., whereas the supply will lag behind at just USD 9 bln. in current prices. Therefore, one may easily assume that the price for rough diamonds will soon rise to unprecedented level. This will shake the very foundation of the diamond market.

Full report see here: http://eng.alrosa.ru/conf07/president.pdf