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RAPAPORT. Alrosa may increase its 2021 production plan in response to diamond shortages and rampant demand, management said after announcing sky-high quarterly results.“The market is recovering faster than we predicted,” commented Alexey Philippovskiy, the Russian miner’s chief financial.
US jeweler Stuller has decided to forgo attending the JCK Las Vegas shows amid a new wave of Covid-19 cases.The Louisiana-based jewelry wholesaler has been a longtime participant in the event. However, it believes the current state of the virus makes travel to the show unsafe for everyone.
The diamond market is showing contradictory signs as to whether the recent positive growth trend will continue for the remainder of this year and into 2022. Polished-diamond prices continue to rise even though inventory levels are also increasing, fueling concerns that the uptrend may not be.
RAPAPORT. Lusix, a producer of lab-grown diamonds, has received sustainability accreditation for its rough goods, enabling it to participate in the synthetics sector’s push to present itself as ethically and environmentally sound.SCS Global Services carried out a third-party audit of the.