Lucapa Diamond Company’s revenue fell 36% year on year to $21.8 million in the second quarter, reflecting an unfavorable comparison with last year’s sales surge.
A 21.13-carat diamond ring will lead Leonard Joel’s upcoming Important Jewels auction, where it is expected to fetch up to AUD 900,000 ($620,362).
Sales and earnings at Indian diamond manufacturer Asian Star rose sharply in the first fiscal quarter, reflecting the market’s solid rebound.
Four new directors will join the board of Jewelers of America (JA) for a three-year term.

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