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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.





13-14 October 2008, World Diamond Conference, Sheraton Perth Hotel, Western Australia

08.08.2008

13-14 October 2008, World Diamond Conference, Sheraton Perth Hotel, Western Australia
The 16th annual World Diamond Conference – to be held at the Sheraton Perth hotel on October 13-14 – is a boutique event, which caters for all involved in the diamond industry both in Australia and internationally, attracting the full spectrum of delegates including explorers and miners through to retail jewellers.
The event will showcase a selection of the world’s leading producers of this most precious commodity as well as emerging players prospecting for the next commercial kimberlite and looking to break into diamond production at a time of buoyant prices and wavering supply.
The World Diamond Conference also attracts experts drawn from every discipline in the diamond pipeline and, most importantly, investors intrigued by the stones and who are believers in the industry.
Register now to be part of this unique event, where you will witness remarkable stories being told, deals being done and have an exceptional opportunity to network in-between.
Enquiries: Danielle Hunt (+61)893210355, danielle@paydirt.com.au

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