Rapaport Magazine Shifts Focus to the Holidays
The September issue looks at the spending trends, gemstones, and styles shaping retail shopping this festive season.
Category: Mining
Second-quarter decline also reflected shift to lower-value production.
Stone is Lucara’s fourth over 1,000 carats from Botswana site.
Trip will take place from October 15 to 20.
Rough sales up 37% to $6.3 million for full fiscal year.
Revenue for April to June down 39% from last quarter.
Sterling Global will take 70% share for $25 million.
Diamond sales came to $250 million in the first half, compared with $465 million a year earlier.
Construction of South Africa project is 70% complete.
Production down 16% year on year in second quarter.
Miner held one tender fewer than usual during the period.
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