Money of Mine cover image

Money of Mine

Do diamond miners have a future? (Paul Zimnisky)

Nov 26, 2024
46:25

We wanted to learn more about diamonds, so we brought on the expert.

Paul Zimnisky has been an independent consultant analysing the diamond for over a decade, so we used the chance to learn about lab grown diamonds, the viability of the diamond mining industry, what will happen to De Beers, his contrarian industry takes and more.


Paul's site: www.paulzimnisky.com

 

RSVP to our Xmas drinks on 3 December at Brewdog next week at https://calendarlink.com/event/CVpKS


Sign-up for the Director’s Special

 

Please read our Privacy Policy and Disclaimer here

 

Thank you to our Partners:

 

Mineral Mining Services – Your preferred mining contractor

 

enquiry@mineralms.com.au - 1300 546 117

 

Grounded - Infrastructure for remote mining and civil projects Australia wide

 

Paul Natoli - pn@groundedgroup.com.au

 

CrossBoundary Energy – Can-do independent power producer

 

tim.taylor@crossboundary.com - +61 466 184 943

 

Sandvik Ground Support – The only ground support you’ll ever need

 

https://www.dsiunderground.com/contact

 

CRE Insurance – Insurance Brokers for the Construction, Resources and Energy sectors

 

davidh@creinsurance.com.au - +61 2 9493 6100

 

K-Drill – Safe, reliable, and productive surface RC drilling

 

drew@k-drill.com.au - +61 416 015 876

 

Daishsat – Geophysical survey experts

 

nathan.daish@daishsat.com - +61 433 261 071

 

Buy Money of Mine MERCH

 

Join our exclusive Money Miners Facebook Group & request access to the Hooteroo chat group.

 

Money of Mine on YouTube, Twitter, LinkedIn & Instagram

(0:00:00)Introduction

(0:04:37)What led to the breakup of De Beers

(0:14:11)Lab grown diamonds

(0:17:41)Price makers and diamond marketing

(0:18:29)How many diamond mines are making money?

(0:21:16)Are lab diamond growers making money?

(0:24:28)Botswana GDP dependency on diamond industry

(0:27:51)Anglo American divesting De Beers

(0:32:03)Alrosa

(0:34:40)Will mined diamond prices go up in 10 years?

(0:37:50)Mine supply

(0:39:50)Contrarian views

(0:43:25)What should you propose to the Mrs with?

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode