The new CEO of De Beers Bryus Cleaver (Bruce Cleaver) said that consumer demand is the only source of value added in the diamond industry, but at the same time there is a need to continually stimulate it developed, developing and emerging markets.
At the same time, he said, that would be a mistake to take the constant demand for diamonds for granted.
"The assumption that the factors that affect demand in the past, will be the same as now, is false," - he said in a statement Cleaver in De Beers blog.
"We must accept the fact that consumer trends are changing, and they provide us with opportunities for growth Whether stimulating demand, protect the stability of production or increasing its production, investment -. A key instrument through which we can play a crucial role in shaping our future" , - he added.
Cleaver also said that De Beers group of companies is also important to maintain close relations with all participants in the industry because they are the "cornerstone" of the diamond industry.
"De Beers is in a unique relationship with consumers, buyers of rough diamonds, various governments, local communities and retailers Moreover, for each of these groups is not only what we do but how we do it." - Cleaver continues.
"We should never lose sight of the fact that the diamond supply chain success to be successful each of its constituent parts", - concluded the CEO of De Beers.
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India's Ministry of Finance announced that banks in the country in the near future to release the second tranche of gold sovereign bonds. "The issue of sovereign gold bond will begin in the near future banks will issue these bonds." - wrote the Secretary of the Ministry of Economy of India Shaktikanta Das (Shaktikanta Das) in his Twitter.
The Reserve Bank has launched the first tranche of gold bonds in November. Total amount of the subscription for the bonds amounted to 915.95 kg of gold worth $ 36.7 million.
India's Prime Minister Narendra Modi 5 November 2015 signed a law on the monetization of gold schemes, aimed at reducing the volume of consumption of physical gold in the country.
India imports about 1,000 tons of gold per year, and the precious metal is the second largest item of import in the country after oil. Monetization Program is aimed at reducing the demand for gold in physical form, and encouraging the purchase of Indian nationals gold in intangible form, or in the form of securities.
Gold bonds are issued in denominations of 5 grams, 10 grams, 50 grams and 100 grams for a period of five to seven years, with an interest rate calculated at the time of investment. Gold bond scheme will be limited to 500 grams of gold per person.
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