Lucara Expects to Form New Supply Deals After HB Fallout

RAPAPORT®
NewsBrief  
November 30, 2023
 
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Lucara Expects to Form New Supply Deals After HB Fallout
Lucara Diamond Corp. has forecast a rebound in diamond revenue in 2024 as it anticipates launching new supply deals following the termination of its agreement with Belgian manufacturer HB.
Rio Tinto Backs Out of Canada Diamond Project
Miner to focus on exploring for metals and minerals.
 
Holiday Weekend Shopper Count Exceeds Expectations
Figure beat NRF's original prediction by more than 18 million.
 
The Weekly Gems: News and Videos from Around the Web
On our reading list were a warning about retail discounts, reports of a new mine in Angola, and pictures of shiny watches in Dubai.
News Digest
Russian Ban May Also Target Lab-Grown Diamonds
(JCK)
 
Facing a Shortage of Luxury Artisans, LVMH Seeks Apprentices in the US
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Out of Your Control? Our Brain Squad Tells What Could Affect Sales This Holiday Season
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RapNet Diamond Index (RAPI™)
Diamond Data
Size
Index
Weekly
Monthly
Y2Y
 0.30 ct
1,409
0.46%
0.60%
-3.77%
 0.50 ct
1,936
0.41%
1.49%
-27.65%
 1.00 ct
5,977
0.25%
0.83%
-21.97%
 3.00 ct
22,094
-0.08%
0.16%
-12.26%
Rapaport Investment Grade Diamonds
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