Prices for rough diamonds — the raw, unpolished, and uncut stones — have dipped in 2023 as many post-pandemic consumers shy away from luxury goods. According to the Zimnisky Global Rough Diamond Index ...
Bloomberg reported Monday on the price cuts that unnamed sources told the outlet the diamond miner and seller had applied to their initial sale of the gems to sightholders for the year. With the move, ...
Diamonds have lost their twinkle in the eyes of the consumer, and industry professionals are sounding the alarms. “The diamond industry is in trouble,” Ankur Daga, founder and CEO of e-commerce ...
During Q1 2023, Mountain Province Diamonds booked record quarterly revenues, EBITDA, and net income, and the TTM earnings per share stand at C$0.26 ($0.19). I think that the next few quarters are ...
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