Misplaced optimism and a drop in De Beers’ rough prices at the start of 2024 have led to a surplus of diamonds in India. Can the industry navigate the difficult situation in the second half of the year? Rapaport Senior Analyst Joshua Freedman reports.
Lucara Pulls In $54M from Sale of Two Massive Diamonds
Miner recovered 549-carat Sethunya in 2020 and 1,080-carat Eva Star in 2023.
