Diamonds forecast to regain pre-pandemic sparkle in 2022-2024
An employee presents a high jewellery diamond ring from the Red Carpet 2018 Collection at the luxury jeweller Chopard store in Paris, France, July 4, 2018. REUTERS/Charles Platiau Demand recovery will diverge depending on lockdown policies, government support, and the extent to which retailers manage to shift sales online, said the report by consulting […]
Alrosa sticks to Zim diamond plan
Alrosa, the world’s largest diamond producer by output, says COVID-19 has not altered its exploration in Zimbabwe and the company plans additional concessions this quarter. The Russian company entered into a joint venture with the Zimbabwe Consolidated Diamond Company (ZCDC) in 2019, forming a local unit in which Alrosa holds 70%. Under that joint venture, […]