"Why a successful downstream diamond industry is important for Africa"

15th October, 2007

Gareth Penny, Managing Director, De Beers Group, speaks at the Antwerp Diamond Conference.

It is most appropriate that the theme of this Conference is ‘Producers in, as it is this dynamic - more than anything - that preoccupies our thinking in the diamond business today. Rightly so, as the integrity, security and sustainability of our raw material sources is paramount, not just to the continued growth of De Beers but to the sustainability and prosperity of the industry as a whole. With all change, is uncertainty and a fear of what the future may hold. That fear is magnified...

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