Lucara 6% increase in revenue in 2Q
A 12% increase in Lucara operating expenses! In the recently released Lucara Diamond Corp’s reports & its results for the quarter ended June 30, 2025, analysed the Diamond Market. Lucara said, the long-term outlook for natural diamond prices remains cautious as the market continues to navigate structural shifts. Prices of lab-grown diamonds have continued to decrease in 2025 with production outweighing demand. Global natural diamond production is forecasted to decrease, following significant production guidance cuts by the major diamond producers. In the near term, premium-grade natural diamonds are showing renewed strength, supported by limited global supply growth and strong performance at international trade shows. However, mid-range and lower-grade stones continue to face pricing pressure due to high inventories, cautious consumer sentiment, and the rapid rise of lab-grown diamonds. Encouraging sign are emerging in the recovery of the Ch...