De Beers CEO Philippe Mellier made a major presentation at the JCK Show in early June. Below are excerpts from that speech.
"As I looked through some of the media reports on the diamond industry in the lead up to the show, I was reminded of how two people can look at exactly the same image and see something entirely different – it’s all a matter of perspective.
And the diamond industry has felt a little like this recently. There has been a fair amount of apparently conflicting information – one day there will be a story of a growing industry; the next there will be a report of depressed demand.