Lucara reports Q2 revenue decline amid mixed diamond market signals
Lucara's Q2 2026 revenue fell to $41.0 million from $43.7 million, driven by lower carats sold and weaker pricing in smaller commercial categories. Directors noted positive price movement in larger, rarer diamonds and across rough and polished markets, suggesting conditions are stabilising after a prolonged downturn, despite ongoing macroeconomic uncertainty and lab-grown diamond competition.
19 August 2026 · Mmegi →