Petra Diamonds reported a 13% revenue decline to $100 million for H1 FY2026 as weaker rough-diamond prices, lower sales volumes and market sluggishness weighed on the miner’s financial performance.
Global diamond trading showed mixed price movements in February as shifting tariff policies and geopolitical tensions disrupted sentiment, with US prices declining while other markets recorded uneven ...
Petra Diamonds reported a 13% revenue decline to $100 million for H1 FY2026 as weaker rough-diamond prices, lower sales volumes and market sluggishness weighed on the miner’s financial performance.
International Gemological Institute announced nine winners of IGI Expressions 2025–26 after receiving more than 1,000 entries from 55 countries in its global online jewellery design competition.
Russian diamond miner ALROSA reported an 88% increase in net profit for 2025 to 36.2 billion rubles despite a slight decline in revenue, supported by cost-cutting measures and currency movements.
