This 2011 report sheds light on the multibillion-dollar diamond industry, from mining to retail, both for jewelry and industrial purposes. The report discusses new diamond supplies that have emerged over the past few decades, as well as the expansion of a production hub that was once confined to southern Africa and controlled by De Beers’ Central Selling Organization. It also addresses the potential impact of synthetic diamonds on the retail sector, and presents a supply-demand forecast based on the projected slowing of demand coupled with a surge in supply.