Petra Diamonds revenues drop 76% despite rise in production

Jewellery Focus     •     October 24, 2024, 8:01 pm
Petra Diamonds has reported a 76% drop in revenues to $23m (£17.74m) in Q1 FY2025 from $113m (£87.16m) the prior quarter despite a 7% increase in diamond production to 679,625 carats from 636,743…
Jewellery Focus     •     October 24, 2024, 8:01 pm
Connoisseurs has announced the launch of its new Diamond Care Essentials line. The new collection includes three new products designed to “protect and enhance the brilliance of diamond jewellery”.…
Rapaport - News     •     November 9, 2022, 5:35 am
RAPAPORT... The Fortune Pink diamond was the top seller at Tuesday’s Christie’s jewelry auction in Geneva, bringing in nearly $29 million.The 18.18-carat stone, the largest pear-shaped,…
Rapaport - News     •     November 8, 2022, 10:00 am
RAPAPORT... The number of active US jewelry businesses continued its downward trend in the third quarter, according to the latest data from the Jewelers Board of Trade (JBT).Some 152 businesses shut…
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