Surat diamond industry pins hope on new mines amid staggered work | Business Standard News

2022-06-24 23:21:55 By : Mr. Nick Huang

Topics Diamond industry | diamond | mines

Vinay Umarji  |  Ahmedabad  Last Updated at June 24, 2022 16:30 IST

With some of the hitherto inoperative mines in Botswana being made to work, the rough diamond trade could ease by about 10 per cent amid US sanctions on Russia's Alrosa, even as the Surat diamond industry continues with staggered work hours. Alrosa controls as much as 27 per cent of the global supply.

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