Petra Diamonds’ production decreased marginally by 2% to 1.4 million carats in the first half (H1) of the financial year (FY) 2025 from 1.43 million carats a year earlier.
Yesterday
The Gem & Jewellery Export Promotion Council (GJEPC) has released monthly data on the country's diamond trade for December 2024, and also summed up the interim results of the current fiscal year that began on April 1.
Yesterday
Online diamond trading network RapNet has collaborated with the American Gem Trade Association (AGTA) to launch its Gemstone Trading Network for loose coloured gems.
Yesterday
Lucapa Diamond has identified two large and highly conductive base metal targets from the first geophysical survey conducted at its Merlin diamond project in the Northern Territory, Australia.
Yesterday
Santiago-headquartered Codelco, world’s largest copper producer, is tapping the bond market to borrow about $1.5 billion to fund its mine investments.
Yesterday
By Nathan Flesher and Sebastian Reiter
(mckinsey.com) - After surging during the pandemic, diamond prices have reversed to multiyear lows. Proactive moves by players across the value chain can help ensure stability and longevity in the years to come.
Today, as the supply chain normalizes—and the traditional three-year cycle of engagement to marriage reemerges—prices are collapsing as a result of several recent trends.
