Lucara Diamond Corp. saw sales and profit increase in the second quarter despite a challenging rough sector. The miner’s focus on large stones helped, as did its long-term supply agreement with HB Antwerp. But is there a danger of saturating the market with goods? Rapaport Senior Analyst Joshua Freedman reports.
Industry Comes Together in Angola to Create Natural-Diamond Marketing Fund
Producing countries will each contribute 1% of annual export revenue.