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The diamond miner has inked a partnership with Antwerp-based cutter HB Group to buy all its diamonds weighing more than 10.8 carats for the rest of 2020.
In a letter sent out Thursday, WFDB’s Yoram Dvash wrote there are multiple reasons to be optimistic about the state of the diamond industry.
More and more companies sell lab-grown diamonds, forcing jewelers to decide: Should I carry them, or not?
Firestone Diamonds’ Liqhobong mine is on extended care and maintenance until at least April 2021.
Production fell by 30-50 percent while sales plummeted as COVID-19 took its toll.
Sarah Kuijlaars, who’s held senior financial leadership roles at Rolls Royce and Royal Dutch Shell, will join the company Sept. 1.
The diamond miner pushed back its July and August trading sessions by a couple weeks.
The Letšeng mine reopened in mid-April after being closed for a month to stem the spread of COVID-19.
National Jeweler

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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.