26 Nov 2022
DiamondWorld Directory
Home |
Multi-supply chain to be discussed at fourth Antwerp conference
In effect of De Beers reducing its majority hold of supplying to 45%
By: Diamond World News Service
Oct 16 2007 12:00AM
Reference: 1787  


Speakers at the fourth Antwerp Diamond Conference will prominently be discussing the changing supply pattern in the diamond industry. With De Beers Group transforming from being the majority supplier of roughs, into now a supplier of 45 percent of roughs, the supply chain now includes many more entities.

According to Freddy J. Hanard, chief executive officer of the Antwerp World Diamond Centre,"In less than a decade, the diamond industry has evolved from a single-channel supply industry into a multi-channel supply industry.The new situation requires all players to be on their toes because the diamond producers are considerably more market-driven. There understandably are a wide variety of rough-diamond sources, but supply is less predictable and price volatility more likely. It's a very different business environment to the one we were used to, and one that will be analyzed in depth by speakers at the conference."

The speakers include De Beers Managing Director Gareth Penny, Diamond Trading Co. Managing Director Varda Shine, Rio Tinto Diamonds General Manager Jean-Marc Lieberherr and BHP Billiton Diamonds Marketing Director Chris Ryder. Alrosa will be represented by President Sergey Vybornov and a senior management delegation of 30 members, and will host a reception for participants on October 14.

The two-day conference is being held at the Elisabethzaal of the Flanders Congress and Concert Centre on the Koningin Astridplein, adjacent to the city's diamond district, with a charity gala dinner at the Waagnatie on October 15.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet
Have Your Say
* Your view
* Name:
* Email:
* Town/city:
* Country/State:
*  Company:
*  Name:
*  Mobile:
*  Email:
Subscribe for DiamondWorld weekly Newsletter
Search News by City
Recent Issue
News in Pictures
Young Diamantaires
Pictures: 16
Stunning Jewellery from Cannes 2019
Pictures: 24
Sparkly Jewels at Oscars 2019
Pictures: 19
Golden Globes 2018
Pictures: 15
Spotted: Who Wore What (December 2018)
Pictures: 4
India Diamond Week
Pictures: 8
Spotted: Who Wore What (October 2018)
Pictures: 7
Spotted: Who Wore What (September 2018)
Pictures: 6
70th Emmy Awards
Pictures: 11
35th India International Jewellery Show 2018
Pictures: 46
JJS - IJ Jewellers Choice Design Awards 2015 powered by GIA
Views: 31935
Diamond World Expert Hour with Evgeny Agureev, Deputy CEO, ALROSA
Views: 9418
GJEPC Chairman Interview
Views: 28054
IJ Jewellers Choice Design Awards 2012 - Part 1
Views: 39252
Promo for IJ Awards 2012 at NDTV Profit
Views: 56986
IJ Jewellers Choice Design Awards 2012- Part 2
Views: 68472
Couture India 2016 - A Business Boutique Show by IJ Magazine
Views: 21819
Savjibhai Dholakiya, Surat Businessman (Diamond Merchant) speaks in Vibrant 2015
Views: 50847
IJ Jewellers Choice Design Awards 2013 - NDTV Video
Views: 53001
DW News App
Member of:
Supporter of: