Country overtook Botswana in 2023.
Metal’s rise compounds weak Chinese diamond demand.
Move reflects current reality of who’s running the Florida-based family business.
Purvi Shah tells Rapaport News her plans for the role, which she will assume on February 7.
Cabinet provisionally approves joining Angola and Botswana in acquisition, according to local media.
Decision followed discussions with consignor, company says.
Downturn in small diamonds has hit manufacturer’s loose-stone business.
Third-quarter revenue up 15% year on year amid growth in average price.
Retailer seeks court approval for $12 million financing facility.
Sales for the category up 9% year on year in first fiscal half.
White House agrees to reduce import duties, but timeline unclear.