Program aims to educate young consumers about mined stones’ positive qualities.
Sightholders say they will still make little or no margins.
Economic headwinds, Chinese caution and the threat of lab-grown are the trade’s current concerns. But the recurring difficulties that existed before Covid-19 have not gone away.
Manufacturers, dealers and jewelers overbought during positive periods, ignoring the lessons of previous up-and-down cycles.
Miner allowing sightholders to defer certain rough purchases to early 2024.
Newly published Kimberley Process numbers give fresh insights into current market developments.
Okavango to receive up to 50% of Debswana production.
May cycle brought in 21% less than a year earlier.
Chinese demand recovering, says CEO Al Cook.
Miner extends latest tender due to “unusual market conditions.”