The discovery of the world’s second-largest rough has the potential to boost the natural-diamond industry and Botswana as a nation, says Lucara Diamond Corp. CEO William Lamb.
The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices.