By Francesco Guerrera and Andrew Parker

In the second part of its series,
the FT examines De Beers' seismic
shift of strategy to defend its
domination of the world diamond
industry, and looks at a new threat
to the South African mining giant.

De Beers' decision to abandon its
monopoly has coincided with the
controversy over the trade in illicit
diamonds that fuel wars in Africa.


The changing face of the diamond industry
Upstart dealer muscles into market

News
De Beers to seek "conflict" diamond rules

Discussion
Conflict diamonds: Who benefits?