Lucara Slashes Outlook Following Severed HB Deal

NewsBrief   November 14, 2023   Lucara Slashes Outlook Following Severed HB Deal Lucara Diamond Corp. has lowered its full-year forecast due to the termination of its supply agreement with HB, as well as the broader slowdown in the rough market. Colored Stones Steal Spotlight at AGTA Awards Opal ring and set of Paraiba tourmalines take Best of Show honors in Spectrum and Cutting Edge contests.   Early Discounts Drive October Online Holiday Spending Sales for the month up 6% year on year, according to Adobe Analytics.   Asia Rebound Boosts Richemont Jewelry Sales Revenue up 10% year on year in first half. News Digest Diamond Certification Head Hits Out at G7 Plans to Target Russian Producers Subscription Required (Financial Times)   De Beers Keeps Production Target Despite Supply Glut (Reuters)   Daniel Arsham and Tiffany & Co. Just Dropped a New Collection of Pokémon Necklaces (Robb Report) Events LinkedIn Live: The Ins and Outs of Diamond Screening November 14 10 a.m. EST Join Us   Rapaport Melee Auction November 14-22 New York & Dubai More Details   Rapaport Single Stone Auction November 21-29 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,402 0.29% -0.17% -4.45%  0.50 ct 1,925 0.25% 0.51% -28.87%  1.00 ct 5,958 0.25% 0.10% -23.22%  3.00 ct 22,095 -0.02% 0.04% -13.07% Rapaport Investment Grade Diamonds

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