NewsBrief February 28, 2023 Keep Alrosa Diamonds Separate, JVC Warns The US government will likely address a loophole that enables Russian stones to enter the country, according to the Jewelers Vigilance Committee (JVC). India Manufacturing Slump Hits Sarine Results Sales of cutting equipment fell in 2022. BlueRock’s Mining Unit Enters Business Rescue Company requests suspension of shares amid financial uncertainty. Brand Strategy Boosts Michael Hill’s Revenue Sales increased 11% in latest fiscal half as jeweler cut back on discounting. News Digest LVMH Is Reportedly Considering Acquiring Cartier’s Parent Company (Hypebeast) Quest for World’s Biggest Diamonds Gives De Beers a Headache Subscription Required (Bloomberg) SAG Awards Jewelry: Celebrities Shine in Vibrant Colors (Instore) Events Rapaport Single Stone Auction February 23 – March 1 New York & Israel More Details Rapaport Melee & Quarterly Pawnshop Auctions March 13-23 New York & Dubai More Details Rapaport Single Stone Auction March 22 – April 3 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1581 0.83% 3.34% -8.12%  0.50 ct 2671 0.01% -0.15% -19.08%  1.00 ct 7454 0.10% -0.90% -21.75%  3.00 ct 24507 -0.69% -1.17% -15.28% Rapaport Investment Grade Diamonds

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