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The Crisis Has its Time-Frame
The main factor determining the current state of the diamond market is the global financial crisis. The situation on the leading financial and stock exchanges is still fairly dramatic. The labour markets in the US, Europe and Japan are also not in the best shape. Under these circumstances the availability of credit for diamond market players has declined drastically.

Alexander Matveyev: Diamond OPEC Is an Opportunity to Survive Crisis with Minimal Losses
Alexander Matveyev, Member of the Federation Council of the Russian Federal Assembly, First Deputy Chairman of the Federation Council Committee on Northern Territories and Indigenous Minorities, Mining Engineer, Academician of the Russian Engineering Academy, Doctor of Economic Sciences, Professor, worked as Chief of Industry Department of the Yakutsk Region Committee of the CPSU, Chairman of the Yakutia Planning Committee, Vice-President and First Vice-President of ALROSA.

Valery Rudakov: Crisis Has Been Generated by Political Reasons and Is Expected To End Next Year

Valery Vladimirovich Rudakov  – chairman of the Board of Directors of CJSC Polyus, chairman of the Committee for precious metals and precious stones of the Chamber of Commerce and Industry of the Russian Federation. In 1999-2002 - Deputy Minister of Finance of the Russian Federation and head of the State Repository for Precious Metals.


New Challenges: Downfall or Upswing (Part 2)
We continue to publish the opinions of reputable experts about the impact of the world financial crisis on the diamond industry. This time the experts turned even more peremptory in their replies. The picture we got is offered to our readers’ attention.





4-5 september 2008, Africa Downunder Conference, Sheraton Perth Hotel, Perth, Australia

08.08.2008

4-5 september 2008, Africa Downunder Conference, Sheraton Perth Hotel, Perth, Australia
Africa Downunder Conference will take place on 4-5 september 2008 at Perth, Australia. Apart from presenting companies, the event will be attended by several African Mines Ministers, business leaders and executives from the mining services industries. Last year, the conference attracted more than 700 delegates, 64 exhibitors and a full programme of top-notch speakers. This year it will be far bigger, consolidating our reputation as the best melting-pot for business conducted between the two continents.
For more information please visit the web-site: www.africadownunderconference.com

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