The diamond industry faces changing market conditions as natural diamond units extend their vacation period to 30 days, while lab-grown diamond units resume operations earlier. This shift is a ...
Lucara Diamond Corp. ("Lucara" or the "Company") today reports its results for the quarter ended September 30, 2024. All amounts are in U.S. dollars unless otherwise noted. View PDF Recoveries of two ...
Lab-grown diamonds are also being used for money laundering. Late last year, Indian and Hong Kong customs revealed a joint operation in which they discovered “cheap synthetic diamonds were being ...
Natural diamonds have taken a big hit in the past few years. From the highs and lows of Covid-19 spending on luxury, to economic uncertainty and an oversupply in the midstream that has led to a ...
It spent $20.2 billion on diamonds in 2019 or 19.2% of the global market share. About 46% of rough diamonds are for industrial purposes, while 19% are used as gem-quality polished mineral stones.