Russia to continue buying diamonds through state fund in 2025
The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.
Lucara Diamond Corp. yesterday (Tuesday) sold 26,196 carats of Karowe diamonds through its new online auction system. Total revenue from the sale was $5.64 million, averaging $215 per carat (p/c).
