Research and Markets: Rising Global Economic Growth to Enhance the Diamond Mining Industry in Southern and Central Africa

DUBLIN--(Business Wire)--
Research and
Markets(http://www.researchandmarkets.com/research/8d8d81/a_strategic_review)
has announced the addition of Frost & Sullivan's new report "A Strategic Review
of the Diamond Mining Industry in Central and Southern Africa" to their
offering.

Rising global economic growth and increasing household wealth in the United
States, China and India are boosting the diamond mining and processing industry
in central and southern Africa - the world's largest and most concentrated
source of diamonds. "The global economy which has been growing at an average
rate of approximately 5 per cent over the last decade, emerged as one of the
major drivers of the diamond mining industry in Central and Southern Africa,"
says the analyst of this research. "Increasing disposable incomes have enabled
consumers to spend on diamonds and other luxury goods, further spurring market
expansion." Central and southern Africa hosts about 65 per cent of the world's
diamond reserves and accounts for approximately 60 per cent of the global new
mine supply of rough diamonds, making it the region with the greatest diamond
exploration potential. The region will remain a major source of global new mine
supply of rough diamonds in the medium-to-long term.

However, in recent years, high-quality synthetic diamonds have entered the
jewellery market, and the technology used to manufacture them is rapidly
improving. The availability of synthetic diamonds at drastically lower prices is
a challenge to the growth of the natural diamonds market. Additionally, the
global economic downturn has dampened the demand for diamonds and other luxury
goods, as disposable incomes have declined. "The downstream diamonds and luxury
goods market is intensely competitive with a wide range of brands competing for
a share of the consumers' disposable income," explains the analyst.
"Well-established and enduring brands are likely to better placed to withstand
the competitive pressures in this market".

Despite the limited upside potential for diamond prices in the short-to-medium
term, diamond mining companies in central and southern Africa are poised to
enjoy significant growth once the effects of the global economic slow down start
receding. "Diamond mining and processing companies in Central and Southern
Africa need to position themselves during the downturn and be able to swiftly
respond to changes in the global economy," concludes the analyst. "Although the
immediate concern for most executives in the diamond mining industry is securing
the future and survival of their companies amid the debilitating effects of the
slowing global economy, it is also important that diamond mining companies be
able to respond rapidly to an upturn in the global economy."

This Frost & Sullivan research service titled A Strategic Review of the Diamond
Mining Industry in Central and Southern Africa provides a strategic overview of
the diamond mining industry in central and southern Africa. The objective of
this research service is to understand production trends, price trends,
regulatory and mineral policies in this region and strategic developments in the
global diamond mining industry.

Key Topics Covered:

* Executive Summary
* Research Aim and Objectives
* Scope of the Study
* Research Methodology
* The Global Diamond Mining Industry
* Overview of the Global Diamond Mining Industry
* The Global Diamond Reserves
* The Global Diamond Demand
* The Global Diamond Supply
* The Global Diamond Prices
* Key Economic, Social and Political Factors
* Angolan Diamond Mining Industry
* Botswana Diamond Mining Industry
* Democratic Republic of Congo's Diamond Mining Industry
* Namibian Diamond Mining Industry
* South African Diamond Mining Industry
* Industry Challenges and Market Dynamics
* Industry Challenges
* Market Drivers
* Market Restraints
* Regional Diamond Production Forecasts
* Major Diamond Mining Industry Participants in Central and Southern Africa
* DeBeers Group
* Alrosa
* BHP Billiton
* Trans Hex
* Rio Tinto
* Petra Diamonds
* Pangea Diamonds Fields
* Strategic Conclusions

For more information visit
http://www.researchandmarkets.com/research/8d8d81/a_strategic_review

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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