The Russian miner, the world's top diamond producer by output, said it has become imperative for the industry to find effective ways to defend the market from illegal substitutions by synthetic gems.
The miner is confident in the long term outlook for the diamond industry and it expects is to be cash flow positive in the second half of the current financial year.
De Beers, the world's biggest diamond producer, warns that many of the challenges affecting the industry last year are likely to continue over the next decade.