State-controlled Russian diamond producer Alrosa (ALRS.MM) on Thursday said recovering sales helped it to more than triple third-quarter net profit to 25 billion roubles ($354 million)....
The diamond industry’s collapse last year left the biggest producers with billions of dollars of uncut gems stashed away in safes. Now, in a matter of...
By Suneeta Kaul The COVID-19 pandemic, which devastated the economy and disrupted almost all sectors, literally took the shine out of India’s $ 24-billion diamond industry....
The resurgence came in the same week that Tiffany said its monthly jewellery sales improved, adding to optimism the entire industry is rebounding For the past...
Optimism of a rebound will bring relief to a supply chain that’s been paralysed since the pandemic hit London FOR the past six months, the global...
Industry bodies hope to allay fears of job losses and uncertain future Surat’s diamond industry fears that its worst nightmare will come true. Ahead of the...
