NewsBrief July 4, 2024 Alrosa to Spend $274M to Develop New Gold Deposit Alrosa has purchased the Degdekan gold mine in Russia from Polyus, noting it fit in with the rest of the business and would improve the company’s financial stability. Gem Diamonds Retrieves 123ct. Rough from Letšeng Type II white diamond is eighth find over 100 carats since beginning of year. Bride Calls Off Wedding over Fake Diamond, and This Week’s Other News Members of the editorial team pick their favorite pieces from the internet. Waning Consumer Sentiment Hits Hong Kong Luxury Sales May spending was weak compared to previous year, when border had just reopened. Trending Stories EU Adds Key Exemptions to Russian Diamond Sanctions Jewelry Ranks Top of Luxury Performers – Bain 20 Suspects Ransack Jewelry Store During Robbery Events Rapaport Single Stone Auction July 2-10 New York & Israel More Details Rapaport Melee Auction July 16-25 New York & Dubai More Details Rapaport Single Stone Auction July 31 – August 7 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,196 -2.06% -6.44% -23.84%  0.50 ct 1,899 -2.12% -5.30% -20.52%  1.00 ct 5,291 -1.31% -4.10% -23.01%  3.00 ct 20,076 -0.50% -2.18% -14.59% Rapaport Investment Grade Diamonds

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