AL ALUK Aluko Co., Ltd. Loading... : Bullish and Bearish Analyst Opinions

The Minister of Minerals explicitly states, "global demand for diamonds softens" and admits that having a "monolithic economy [dependent on diamonds] isn't always the best." Botswana is actively pivoting *away* from diamonds toward copper and manganese. When the world's leading diamond jurisdiction signals a strategic pivot away from the stone due to softening demand, it confirms a structural bearish trend for natural diamonds (likely due to lab-grown competition and macro headwinds). AVOID. The sector faces structural demand destruction. A sudden resurgence in luxury goods demand in China/US could spike diamond prices temporarily.