Just two companies account for almost half of the world’s diamond production: In 2012 De Beers mined 22% of the worlds supply and ALROSA produced 26%. While De Beers does not need an introduction, ALROSA is relatively unknown to even natural resource investors.
PureFunds has a simple strategy: Be first in the market with innovative exchange-traded funds. Andrew Chanin, PureFunds' co-founder and COO, describes the firm's ISE Junior Silver ETF and the factors that make a "leveraged play to the actual spot price of the metal."
Clean 1+ carat colorless synthetics are hitting the market for the first time, and with a consistent stream of recycled polished making their way back into the market, the dynamics of diamond supply may forever be changed.