In this episode of the Paul Zimnisky Diamond Analytics Podcast, De Beers’ Sightholder Molefi Letsiki joins from Johannesburg. The conversation begins with Molefi briefly sharing his story of being a second generation diamantaire in South Africa. Paul and Molefi then discuss the current state of the rough and polished diamond market and speculate on how the remainder of the year will play out. The two then delve a little bit deeper and discuss price performance of rough diamonds by size category. They then discuss the various impacts of the move towards more supply chain transparency in the industry and Molefi provides anecdotes of client demand for South African-origin goods. Finally, Paul and Molefi share their thoughts on man-made diamonds and the recent news of Lightbox offering engagement rings for the first time.

 

Hosted by: Paul Zimnisky

Guest: Molefi Letsiki

Guest plug: www.mldiamonds.com

More information on PZDA’s State of the Diamond Market report: www.paulzimnisky.com/products

 

Show contact: [email protected] or visit www.paulzimnisky.com.

 

Please note that the contents of this podcast includes anecdotes, observations and opinions. The information should not be considered investment or financial advice. Consult your investment professional before making any investment decisions. Please read full disclosure at: www.paulzimnisky.com.