|
|
|
Lucara Diamond Records Profit of $6M in 1Q
|
|
Lucara Diamond reported revenue of $32.5 million for the first quarter that ended on March 31. The junior mining company recorded no revenue one year earlier. Profit rose to $6.2 million compared with a loss...
|
|
|
Mining
|
May 09, 2013
|
Jeff Miller
|
|
|
|
UN Renews Diamond Sanctions on Cote d'Ivoire
|
|
The UN Security Council unanimously renewed diamond sanctions and an arms embargo on Cote d'Ivoire for another year as the West African nation continues to battle with security issues. The council stated that all parties shall take the necessary measures to prevent the direct or indirect supply,...
|
|
|
Fair Trade
|
Apr 26, 2013
|
Jeff Miller
|
|
|
|
|
|
Trans Hex's Rough Tenders Achieve $69M
|
|
Trans Hex sold 13,540 carats of rough diamonds during tenders held in December and January and achieved almost $18 million or an average price of $1,317 per carat. Trans Hex achieved rough sales of $69 million...
|
|
|
Rough Markets
|
Mar 20, 2013
|
Jeff Miller
|
|
|
|
|
|
Kristall, ALROSA Sign New Two-Year Supply Contract
|
|
Kristall Production Corporation and ALROSA signed a two-year agreement for rough diamond supplies on March 18 in Moscow that maintained the existing volume of monthly purchases. Kristall has been cooperating with ALROSA on its rough supplies...
|
|
|
Rough Markets
|
Mar 20, 2013
|
Jeff Miller
|
|
|
|
|
|
India's Polished Diamond Exports -7% in January
|
|
India’s polished diamond exports declined 7 percent year on year to $1.689 billion in January 2013, the Gem & Jewellery Export Promotion Council (GJEPC) reported Monday. By volume, polished exports fell 11 percent to 3.122 million carats...
|
|
|
Polished Markets
|
Feb 18, 2013
|
Dilipp S Nag
|
|
|
|
|
|
India's Polished Diamond Exports -37% in December
|
|
India’s polished diamond exports declined 37 percent year on year to $950 million in December 2012, the Gem & Jewellery Export Promotion Council (GJEPC) reported Thursday. By volume, polished exports fell 44 percent to 2.025 million carats...
|
|
|
Polished Markets
|
Jan 17, 2013
|
Dilipp S Nag
|
|
|
|
|
|
India's Polished Diamond Exports +20% in November
|
|
India’s polished diamond exports rose 20 percent year on year to $1.415 billion in November 2012, after several months of weak activity, the Gem & Jewellery Export Promotion Council (GJEPC) data showed. By volume, however, polished...
|
|
|
Polished Markets
|
Dec 17, 2012
|
Dilipp S Nag
|
|
|
|
|
|
India's Polished Diamond Exports -47% in July
|
|
India's polished diamond exports fell by 47 percent year on year to $998 million in July, according to provisional data provided by the Gem & Jewellery Export Promotion Council (GJEPC). By volume, polished exports fell 45 percent to 2.482 million...
|
|
|
Polished Markets
|
Sep 03, 2012
|
Dilipp S Nag
|
|
|
|
|
|
Shear Delivers Third Parcel of Rough to Taché
|
|
Shear Minerals delivered 22,289.39 carats of rough diamonds to Taché Company N.V. from the explorer's Jericho diamond mine stockpile; however, on August 20 Shear halted the recovery process in order to make equipment repairs. Shear anticipates...
|
|
|
Rough Markets
|
Aug 23, 2012
|
Jeff Miller
|
|
|
|
Financial-Legal
|
Aug 16, 2012
|
Jeff Miller
|
|
|
|
|
|
Global Rough Production Reaches a Plateau
|
|
Global rough diamond production has plateaued with declining output at the world’s major mines and no significant new sources, according to a report by Metals Economics Group (MEG).MEG noted that only two relatively small new...
|
|
|
Rough Markets
|
Jul 31, 2012
|
Dilipp S Nag
|
|
|
|
|
|
Harry Winston Estimates Rough Prices Fell 8% in 2Q
|
|
Harry Winston estimated that rough diamond prices have declined by 8 percent since April as demand has softened. The company estimated that prices have dropped about 4 percent since the beginning of the year.Harry Winston...
|
|
|
Rough Markets
|
Jul 17, 2012
|
Avi Krawitz
|
|
|
|
|
|
Rio Tinto's 2Q Diamond Production +3%
|
|
Rio Tinto reported that its diamond production rose 3 percent year on year to 2.808 million carats in the second quarter of 2012. Growth was driven by increased output at the Australia-based Argyle mine, which achieved higher...
|
|
|
Mining
|
Jul 17, 2012
|
Avi Krawitz
|
|
|
|
|
|
Guinea Mine Fetches $2M at Antwerp Rough Tender
|
|
The first tender of rough diamonds from the Guinea-based Guiter mine fetched $2.2 million in Antwerp this past week. All 26 lots placed on offer were sold with 5,724 carats achieving an average of $392 per...
|
|
|
Rough Markets
|
Jul 09, 2012
|
Avi Krawitz
|
|
|
|
|
|
Supply Versus Profit
|
|
The first half of 2012 ended in a state of despair for the diamond industry. Prices have softened and trading is muted all around. De Beers and ALROSA have reduced supplies but maintained high prices, despite...
|
|
|
Polished Markets
|
Jun 29, 2012
|
Avi Krawitz
|
|
|
|
|
|
India's Polished Diamond Exports -44% in May
|
|
India's polished diamond exports fell by 44 percent year on year to $1.245 billion in May, the fifth straight monthly decline this calendar year, according to provisional data provided by the Gem & Jewellery Export Promotion Council...
|
|
|
Polished Markets
|
Jun 18, 2012
|
Dilipp S Nag
|
|
|
|
|
|
India's Polished Diamond Exports -35% in April
|
|
India's polished diamond exports fell by 35 percent year on year to $1.334 billion in April, the fourth straight monthly decline this calendar year, according to provisional data provided by the Gem & Jewellery Export Promotion Council...
|
|
|
Polished Markets
|
May 21, 2012
|
Dilipp S Nag
|
|
|
|
|
|
Petra Diamonds' 3Q Revenue +87% to $98M
|
|
Petra Diamonds reported that its revenue rose 87 percent year on year to $98 million in its third fiscal quarter that ended on March 31, 2012 as production rose and the rough market stabilized. The company's...
|
|
|
Mining
|
May 09, 2012
|
Avi Krawitz
|
|
|
|
|
|
Hong Kong's 1Q Polished Diamond Imports +9%
|
|
Hong Kong’s polished diamond imports rose 9 percent year on year to $4.32 billion during the first quarter of 2012, according to data published by the Diamond Federation of Hong Kong, China Limited. By volume, the polished imports...
|
|
|
Polished Markets
|
May 07, 2012
|
Avi Krawitz
|
|
|
|
|
|
India's March Polished Diamond Exports -47%
|
|
India's March polished diamond exports declined 47 percent year on year to $2.117 billion, according to provisional data provided by the Gem & Jewellery Export Promotion Council (GJEPC). By volume, polished exports fell 52 percent to 4.264 million...
|
|
|
Polished Markets
|
Apr 19, 2012
|
Dilipp S Nag
|
|
|
