Diamond stocks Articles

Diamonds Mining Companies Listed in All Countries

2019-02-16 / Staff reporter

Compare(Show all)CompanyTickerLast Price (native)Change (native)Change (%)Day LowDay High52 Week Low52 Week HighVolumeMC (M CAD$)  Rio Tinto Ltd.RIO.AX91.90-0.600-0.65%90.7591.7969.4193.031,347,896141,618.0  Anglo American plcAAL.L1,924.0027.2001.41%1,905.001,966.001,433.801,995.003,307,11542,319.9  Lucara DiamondCorp.LUCRF1.230.0000.00%,605632.0 ...Read More

Stock quotes of diamond mining companies

Feb 16, 2019 / Staff reporter

Stock quotes of diamond mining companiesCompanyStockExchangeTickerPriceper shareChange(%)Market capitalization(in local currency and USD)ALROSAMICEX- RTSALRS75.200RUB0.000%553,845,415,376.00RUB9,784,926,219.00USDALROSA-NyurbaMICEX- RTSALNU163,000.000RUB0.000%130,400,000,000.00RUB2,303,809,589.00USDAfri-Can Marine MineralsCVE-AFAAFA0.000CADnan%0.00CAD0.00USDDiamond Fields International Ltd.TSX Vent...Read More

Famed Cullinan mine banks on big diamonds to drive down debt

Feb. 14, 2019, 10:35 AM / Reuters

* Mine owned by Petra Diamonds may take 5-10 years to clear debt* Diamond miners face price pressure, synthetic competitionThe owner of one of the world's most famous diamond mines could be about a decade away from clearing its multi-million-dollar debts, in a sign of the struggles facing an industry assailed by synthetic rivals and uncertain demand.Petra Diamonds bought Cullinan in 2008, aiming t...Read More

Heart-shaped diamond found in time for Valentine's Day

Feb. 14, 2019, 7:10 AM / MINING.com Staff

The world's top diamond producer by output, Alrosa (MCX:ALRS), found a heart-shaped rough diamond at the Udachnaya kimberlite pipe in Yakutia, eastern Russia.The stone weighs 65.7 carats and company experts say it may be over 300 million years old."Diamonds of a distinctive shape that resemble some object or symbol are extremely rare in nature. Most rough diamonds are octahedron-shaped or do not h...Read More

Rapaport Weekly Market Comment

Feb 14, 2019 / Rapaport News

Polished market improving, with suppliers selling at lower pricesto generate liquidity. Rough trading cautious as high rough prices and weakpolished continue to squeeze midstream profits. Shortages of top-make goods dueto reduced manufacturing, but large inventory of leftover lower-qualitydiamonds. Chinese government reports retail sales +9% during 7-day Lunar NewYear holiday. High-end luxury robu...Read More

India: Activity Rises Ahead of Hong Kong Show

Feb 14, 2019 / Rapaport News

Dealers preparing for Hong Kong show, stimulatingbetter activity in Bharat Diamond Bourse. Overseas buyers interested in 0.30 to2 ct., H-K, VS2-I1 stones. Little buzz around IIJS Signature fair, but steadygold jewelry market for wedding season. Liquidity concerns amid bankruptcyrumors of small-scale manufacturers. Polished production levels remainrestrained. RoundRead More

Pandora Hires Industry Outsider as CEO

Feb 14, 2019 / Rapaport News

RAPAPORT... Pandora has named veteran consumer-brand executive AlexanderLacik as its CEO, as it seeks to transform the company following weak sales. "Alexander is a brilliant marketer and brand architect, andhas throughout his career shown himself as a great leader and a highlyeffective executor," Pandora chairman Peder Tuborgh said. "His skills andexperience will be key to revitalizing the Pandor...Read More

India's Asian Star Sees Revenue Fall

Feb 14, 2019 / Rapaport News

RAPAPORT... Indian diamond manufacturer Asian Star's sales and profitdeclined in the third fiscal quarter, the company said Wednesday. Group revenue dropped 24% year on year to INR 7.93 billion($111.7 million) in the three months ending December 31. Net profit plummeted63% to INR 181.6 million ($2.6 million). Revenue from diamond sales, Asian Star's largest division,dropped 27% to INR 6.94 b...Read More

Rapaport Trade Mission to Surat, India

Feb 14, 2019 / Rapaport

RAPAPORT... The RapaportGroup is pleased to announce our trade mission to Surat, India. This mission willprovide an opportunity for members of the diamond-and-jewelry trade to gainfirst-hand knowledge of the diamond supply chain. Surat ishome to an estimated 500,000 diamond cutters, who manufacture over 90% of theworld's polished diamonds. Participants will experience the real diamondmarket at the...Read More

IDI to Again Hold Diamond Auction of Special Stones at HKTDC Show

February 14, 19 / Albert Robinson

(IDEX Online) - The Israel Diamond Institute (IDI) will hold an auction of special stones at HKTDC's Hong Kong International Diamond, Gem & Pearl Show following a successful pilot event last year.   The auction will be held at IDI's Israel Diamond Pavilion, which this year will host 58 companies. There will also be 10 Israeli companies exhibiting in other locations throughout the show....Read More

Gem-A to Expand Gemological Education With Move Into USA

February 14, 19 / Albert Robinson

(IDEX Online) - Gem-A (the Gemmological Association of Great Britain) has established an independent, non-profit entity in the United States designed to facilitate its gemological education in an important market.   Gem-A USA will provide the same Gemmology and Diamond Diploma courses designed to inspire and educate the next generation of gemologists, the lab said.   Gem-A USA has announ...Read More

Vast Resources set to mine Zimbabwe diamond territory - Minister

14th February 2019 / Reuters     

HARARE/LONDON – London-listed miner Vast Resources is to be allowed into Zimbabwe's diamond fields, Mining Minister Winston Chitando said on Thursday, joining other new entrants including Russia's Alrosa.Zimbabwe is stepping up efforts to exploit its mineral resources to revive a moribund economy sapped by high inflation and unemployment, with President Emmerson Mnangagwa looking to...Read More

Famed Cullinan mine banks on big diamonds to drive down debt

14th February 2019 / Reuters     

CULLINAN – The owner of one of the world's most famous diamond mines could be about a decade away from clearing its multi-million-dollar debts, in a sign of the struggles facing an industry assailed by synthetic rivals and uncertain demand.Petra Diamonds bought Cullinan in 2008, aiming to breathe new life into the South African mine renowned for yielding the largest rough gem diamond eve...Read More

Resources Watch  

14th February 2019 / Staff reporter

Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.This week:AdvertisementWorking together can deliver mining’s massive benefitsDe Beers to spend R30m on diamond exploration this yearAdvertisementAnd, Ramaphosa challenges mining to take ten value-adding stepsMining can and will deliver massive...Read More

Alrosa exhibits largest pink diamond ever found in Russia

Feb. 13, 2019, 3:14 AM / Cecilia Jamasmie

Russia's Alrosa (MCX:ALRS), the world's top diamond producer by output in carats, has put together a collection of recently found large coloured diamonds, which includes a pink oval gem weighing 14.83 carats - the largest of its kind ever found in Russia.The diamond it was cut from a rough found in 2017 at the Ebelyakh deposit in Yakutia, rated by the American journal The National Jeweler as the b...Read More

Alrosa Exhibits 'Record-Breaking' Colored Diamonds

Feb 13, 2019 / Rapaport News

RAPAPORT... Alrosa has launched an exhibition of rare polished coloreddiamonds, including a 14.83-carat pink that is the largest of its colorin Russian history, the miner said Wednesday. The oval-shaped stone was cut from a 27.85-carat rough that the company recovered in 2017 from its Ebelyakh mine in Yakutia. The miner'slargest pink diamond prior to the discovery weighed 3.86 carats. "The si...Read More

Helzberg Diamonds Launches Synthetics Line

Feb 13, 2019 / Leah Meirovich

RAPAPORT... Helzberg Diamonds has launched its owncollection of lab-grown jewelry, Light Heart, citing increased consumer demand for synthetics. The jeweler - owned by Warren Buffett's Berkshire Hathaway- first introduced the line late last year in a limited number of itsstores, it told Rapaport NewsWednesday. Prices of Light Heart items on Helzberg's retail site ranged from $400 to $9,000 at...Read More

Engagement-Ring Demand Drops in 2018 - Survey

Feb 13, 2019 / Rapaport News

RAPAPORT... Fewer US consumers bought jewelry for their wedding in 2018, while the number of couples opting for an engagementring also dropped, according to The Wedding Report. The proportion of couples that bought an engagement ring when getting married fell 1.1% in 2018, with 87% purchasing one, according to a survey by the market-research company. Demand for women's wedding bands also decl...Read More

Gbelin Testing Nano-Tracking for Diamonds

Feb 13, 2019 / Joshua Freedman

RAPAPORT... Gbelin Gem Lab is studying how it can place microscopiclabels on diamonds to track them through the supply chain. The Swiss institute launched its Emerald Paternity Test in2017, applying invisible nanoparticles to rough stones to enable industrymembers and consumers to trace the goods back to an exact mine. It's currentlyonly practical for emeralds, as their numerous fissures make it e...Read More

UK Gem Center Expands to US Market

Feb 13, 2019 / Rapaport News

RAPAPORT... The Gemmological Association of Great Britain (Gem-A) has partnered with Jewelry Television (JTV) to expand its educational services to theUS market. The UK-based organization has given accreditation to JTV to operate a teaching center in Knoxville, Tennessee, where the retailer is headquartered. The location will be the first under the Gem-A brand in North America, offering gemol...Read More