NewsBrief December 23, 2024 Choron Acquires AMC in Major Antwerp Diamond Deal Antwerp-based diamond supplier Choron Group has agreed to acquire AMC Group, a De Beers sightholder, in a rare case of consolidation in the diamond trade. Alrosa Production Drops Nearly 5% in 2024 Russian miner reduced output to 33 million carats amid sanctions, waning demand for rough, and low prices. EU Approves $84M Grant for Diamond Foundry Factory Facility in Spain will focus on production of semiconductor-grade rough. Four Dazzling Jewelry Pieces from the Auction Season Colored diamonds and gemstones dominate sales at Sotheby’s and Christie’s. News Digest Diamonds Are Plunging in Value Around the World. Is China to Blame? Subscription Required (South China Morning Post) ‘India is Emerging as Second-Largest Market in Consumption of Polished Diamonds After US’ (The Indian Express) Market Comment – Dec. 19, 2024 (Rapaport) Events Rapaport Single Stone Auction December 11-25 New York, Dubai & Israel More Details Rapaport Melee Auction January 21-29 New York & Dubai More Details Rapaport Single Stone Auction January 26 – February 12 Dubai, Israel & New York More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,042 0.33% 1.35% -26.27%  0.50 ct 1,675 0.45% 1.07% -14.61%  1.00 ct 4,596 -0.12% -0.50% -23.11%  3.00 ct 18,238 0.43% 0.25% -17.13% Rapaport Investment Grade Diamonds

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