The Gemological Institute of America (GIA) will return to Dubai after an absence of around two years, launching a laboratory in one of the emirate’s newest skyscrapers.
De Beers’ revenue rose by almost a quarter in the first half of 2022, but the miner gave a more somber outlook for the rest of the year as polished demand has slowed.
With Covid-19 no longer a plausible reason, the industry is starting to suspect that a thorny issue is preventing the miner and the government from finalizing a new sales agreement.
