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The current shortfall in rough production will likely continue for up to a decade, while both demand and prices will remain strong, according to Bain & Company.Output fell 20% to 111 million carats in 2020 as the coronavirus pandemic forced companies to shut deposits, Bain said Monday in...
As each year ends, Jeweller reviews our editorial over the past 12 months, analysing the most popular content, and examines industry trends in an attempt to anticipate the coming year.
The discovery of an extremely rare ‘double diamond’ in Western Australia’s Kimberley region is expected to kickstart the diamond mining industry in addressing the strong demand for colour diamonds.
Lucara Diamond Corp. expects solid diamond revenue in 2022 as demand continues to strengthen and the company mines a higher-value portion of its Karowe deposit in Botswana.The miner has predicted sales of between $185 million and $215 million for the year, not including any large or exceptional...
RAPAPORT... Rio Tinto achieved record-breaking figures at its 2021 Argyle Pink Diamonds Tender, with prices strong amid dwindling supply from the mine.The Australian miner offered 70 rare pink and red diamonds at the last-ever edition of the tender, which follows Argyle’s closure in November...