Rapaport Presentation: Synthetics, Russian Sanctions

Martin Rapaport presented a way forward for the industry at International Diamond Week.

View the Presentation Powerpoint

New duties on loose polished stones and some precious-metal products will take effect mid-August.

Company posts $2.4 million deficit compared to $9.1 million for previous 12 months.

Revenue up 2% year on year for first six months.

Trade representative is carrying out three expedited investigations that might lead to new regulations at the end of this month.