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They totaled $440 million, compared with $466 million in the same period last year.
It is an Indian company known for its high-end colored gemstone jewelry.
A Danish jeweler is launching it, with the priciest piece topping $40,000.
There were a lot of big, beautiful jewels to love last week.
The company said it expects Lesedi La Rona, the second largest rough diamond ever found, to yield 60 diamonds.
Sales of smaller diamonds have been hurt by Indian manufacturers’ inability to secure financing.
The International Diamond Manufacturers Association and World Federation of Diamond Bourses are in talks to team up.
The mining company has named the gemstone “Inkalamu” in honor of its conservation partners.
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.