Do diamond miners have a future? (Paul Zimnisky)

• De Beers once had a monopoly in the diamond market, but now the industry is more of an oligopoly with major producers controlling a majority of global supply
• Diamonds are non-fungible assets with a complex pricing dynamic due to various categories and qualities
• Most diamonds are sold via contract, leading to less price volatility but allowing miners to adjust supply based on demand fluctuations

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