[miningmx.com] – GLOBAL demand for polished gems was expected to grow 4.5% this year owing to a recovery in the US market and buoyant trading conditions in China and India, said AFP citing Philippe Mellier, CEO of De Beers.
“The global economy is still not doing very well but we are lucky that we have a good mix of countries and that the middle class is growing, which means our industry isn’t doing too badly,” Mellier told AFP.
“Demand continues to grow,” he said. “The largest global market for diamond jewellery is the United States and everyone knows they are taking off again,” said Mellier.
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