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Mantashe sets up task team on lab-made diamond threat

Published

Mineral and Petroleum Resources Minister Gwede Mantashe said in a written parliamentary reply that his department formed a task team with the Minerals Council and diamond producers. It will study ways to ease pressure on diamond miners.

Mantashe said lab-produced diamonds and global inflationary pressures affect major producers, junior producers and small diamond miners. He said small-scale miners are the hardest hit.

The task team will examine ways to reduce these pressures on the industry. Mantashe gave his reply in Parliament in writing.

Key facts

Who
Gwede Mantashe (Mineral and Petroleum Resources Minister); Minerals Council (member of the task team)
What
In a written parliamentary reply, Mantashe said his department set up a task team, including the Minerals Council and diamond producers, to examine ways to mitigate pressures on diamond miners caused by lab-produced diamonds and global inflationary pressures.
When
26 October 2026
Status
Reported

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