Country overtook Botswana in 2023.
Shenil Shah of polished distributor Aspeco explains how the company has shifted its business.
1-carat RAPI down 2.3% in January.
Sharp revenue decline in key region contributed to 15% overall drop for 2024.
Revenue from jewelry, watches, clocks and valuable gifts down 14% year on year.
New requirements to state “country of mining” leave a lot of unanswered questions.
Designer names and giant stones were in abundance at the Recording Academy’s annual show.
Community leaders have created barriers at all site entrances and made a “series of unreasonable demands,” according to Lucapa.
Government also cuts duties on platinum and jewelry parts.
Parties will sign agreement after final government approval, until which the terms of the existing contract will remain in place.