Diamond stocks Articles

Diamonds Mining Companies Listed in All Countries

2018-11-20 / Staff reporter

Compare(Show all)CompanyTickerLast Price (native)Change (native)Change (%)Day LowDay High52 Week Low52 Week HighVolumeMC (M CAD$)  Rio Tinto Ltd.RIO.AX79.310.1300.16%78.5679.9068.6287.093,265,643126,517.0  Anglo American plcAAL.L1,702.8021.2001.25%1,709.401,745.401,322.501,948.003,345,50437,203.0  Lucara DiamondCorp.LUCRF1.53-0.040-2.61%1.491.531.492.3386,843776.3&nbs...Read More

Stock quotes of diamond mining companies

Nov 19, 2018 / 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

India Polished Exports Rise in October

Nov 19, 2018 / Rapaport News

RAPAPORT... India's polished-diamond exports climbed19% by value in October amid a higher volume and average price compared with a year ago, according todata from the Gem & Jewellery Export Promotion Council. Exports are up 9%for the year to date as an 18% jump in the average price has offset lowervolume, reflecting a shift toward higher-value goods. India's net diamondaccount surged 50% over...Read More

Sales Deferral Hits Lucapa Proceeds

Nov 19, 2018 / Rapaport News

RAPAPORT... Lucapa Diamond Company garnered $4.2 million at its Novembertender as the miner continued to hold back higher-value goods for sale later inthe year. The company sold 3,411 carats of alluvial rough from itsLulo mine in Angola, fetching an average price of $1,220 per carat. The sale excluded a parcel of seven large, top-qualitystones from Lulo, including four type IIa white diamond...Read More

Large Stones Support Mountain Province Sales

Nov 19, 2018 / Rapaport News

RAPAPORT... Mountain Province's average selling price rose at itsNovember tender amid strong demand for higher-value goods and a slightimprovement in the market for smaller rough. The miner garnered $72 per carat from the sale of 245,751carats of rough diamonds from its Gahcho Ku mine in Canada, bringing in atotal of $17.7 million, it said last week. That compares with $66 per carat inOctober...Read More

Danish Retailer Launches First Brand Set With Greenland Rubies And Sapphires

November 19, 18 / Albert Robinson

(IDEX Online) - Greenland Ruby, Greenland's only miner of ruby and pink sapphire, has announced that Hartmann's Jewellery, a Danish luxury brand, is introducing a collection of jewels using Greenlandic rubies and pink sapphires.   The Hartmann collection features more than 50 pieces of Greenlandic ruby and pink sapphire jewelry using a total of approximately 300 carats of rubies and pink sap...Read More

18ct. Diamond to Lead Bonhams NY Sale

Nov 18, 2018 / Rapaport News

RAPAPORT... Bonhams will offer an 18.04-carat diamond at its FineJewelry sale in New York next month, estimating the piece at $400,000 to$600,000. The emerald-cut, G-color, VS2-clarity diamond flanked bytrillion-cut diamonds will head up the auction on December 3 at the company'sMadison Avenue location, Bonhams said Thursday. "This is a beautiful example of a large, white diamondexhibiting sensat...Read More

Hong Kong Polished Imports Rise

Nov 18, 2018 / Rapaport News

RAPAPORT... Polished-diamond imports to Hong Kong increased 11% in thethird quarter, according to data from the Diamond Federation of Hong Kong,China. The average price of imports jumped 15%, offsetting the lower volumes -a trend that reflects a shift toward higher-value goods among traders.Polished imports grew 6% for the year to date, while exports to mainland Chinaclimbed 12% to $2.58 billionHo...Read More

Alrosa Pulls Out of Botswana Exploration Project

Nov 18, 2018 / Rapaport News

RAPAPORT... Alrosa has sold its 50% stake in the Sunland Mineralsexploration project in Botswana, according to its former joint-venture partner. Botswana Diamonds bought the Russian miner out for a"nominal sum" and now owns the asset outright, it said in a statement Thursday.Another large diamond producer with "new ideas" that is "keen to find newkimberlites" in the African country is close to acq...Read More

Colored Diamonds Lead $60M Sotheby's Sale

Nov 18, 2018 / Rapaport News

RAPAPORT... Sotheby's garnered $59.9 million at its Geneva auction lastweek as a 21.19-carat pink diamond smashed its estimate with a final price of $7.4million. The cushion-shaped, fancy-light-pink, VVS2-clarity, type IIadiamond fetched $347,601 per carat, Sotheby's reported following the Thursdaysale. It had a presale valuation of $4.5 million to $6.5 million. The Magnificent Jewels & Noble...Read More

Botswana Diamonds Buys Out Alrosa Share In Sunland, In Talks With New Buyer

November 18, 18 / Staff Reporter

(IDEX Online) - Botswana Diamonds has acquired the 50% share previously held by Alrosa in their Sunland joint venture and now holds 100% of the equity in Sunland Minerals.   The company's 100% ownership allows for a new investor to enter as a new joint venture partner, the miner said, adding that advanced negotiations are underway with potential partner.   Work could begin in the f...Read More

Instil portable skills to assist economic development post closure - consultancy

16th November 2018 / Nadine James     

Mining companies’ social and labour plans (SLPs) should incorporate initiatives or programmes aimed at reskilling workers and uplifting community members through the development of portable skills, says socioeconomic development facilitator Economic Development Solutions (EDS) MD Janine Espin.EDS projects executive director Waldo Adams notes that, while mining is a corner- stone for the Sout...Read More

Botswana Diamonds buys Alrosa's stake in Sunland Minerals JV

Nov. 15, 2018, 5:58 AM / Cecilia Jamasmie

Botswana Diamonds (LON:BOD) has bought Russian diamond miner Alrosa's 50% stake in their Sunland Minerals joint venture (JV) and the company said it is close to bringing a new partner into the project.In a statement, the company described the unnamed new investor as "a large diamond producer with new ideas and keen to find new kimberlites in Botswana," adding that the potential new partner will ac...Read More

Rapaport Weekly Market Comment

Nov 15, 2018 / Rapaport News

Polished trading stable in 1 ct. and larger, withdealers optimistic for Black Friday and holiday season. Record Alibaba Singles'Day (11/11) sales of $30.8B boost outlook for e-commerce, despite concernsUS-China trade war will impact consumer spending. Rough market cautious. DeBeers cuts prices of small, low-quality goods by 5% to 15% amid slump in demand for and prices of polished melee. Christie'...Read More

India: Traders Expect Post-Diwali Improvement

Nov 15, 2018 / Rapaport News

Trading quiet as dealers slowly return from Diwali break. Activity expectedto pick up from next week. Surat factories to remain closed or operate at lowcapacity. Rumored bankruptcies, weak rupee and tight liquidity dampened dealerand retail sentiment during festival. Data as of November 1: RoundRead More

Buffett-Owned Ben Bridge Names New CEO

Nov 15, 2018 / Rapaport News

RAPAPORT... Lisa Bridge will succeed her father Ed Bridge as CEO of BenBridge Jeweler, a subsidiary of Warren Buffett's Berkshire Hathaway. Lisa Bridge became the retailer's first female president andchief operating officer last year. Since then, she has overhauled the jeweler'simage to help it appeal to a newer generation of consumers, the company saidTuesday. She will take over on January...Read More

Mumbai Exchange Mulls Lifting Synthetics Ban

Nov 15, 2018 / Joshua Freedman

RAPAPORT... Mumbai's Bharat Diamond Bourse (BDB) is considering allowingsynthetic-diamond trading on the exchange premises, its president told RapaportNews this week. Some members have asked management to reconsider its 2015ban on selling lab-grown diamonds anywhere in the BDB's vast office complex,Anoop Mehta said. The bourse will consult with members after the Diwalivacation season, and cou...Read More

Marie Antoinette Pendant Sells for $36M

Nov 15, 2018 / Rapaport News

RAPAPORT... A natural pearl and diamond pendant belonging to MarieAntoinette smashed its price estimate and capped off a record-breaking sale atSotheby's Geneva auction. The jewel went for $36.2 million, beating its presale valuationof $1 million to $2 million, and setting a new auction record for a naturalpearl, Sotheby's said Wednesday. All jewels on offer at the auction found abuyer, inclu...Read More

WDC calls for expanded definition of conflict diamonds

15th November 2018 / Tasneem Bulbulia     

The World Diamond Council (WDC) and the Civil Society Coalition (CSC) this week voiced their strong support for an expanded definition of conflict diamonds at the launch of the 2018 Plenary Session of the Kimberley Process (KP), in Brussels, Belgium.The proposal, put forward by the government of Canada, looks to strengthen the scope by expanding the KP’s official definition of what constitut...Read More

WDC Supports Expanded Definition Of Conflict Diamonds At KP Plenary

November 15, 18 / Staff Reporter

(IDEX Online) - The World Diamond Council (WDC) and the Civil Society Coalition (CSC) voiced their strong support for an expanded definition of conflict diamonds at the Plenary Session of the Kimberley Process (KP) in Brussels.   The proposal, put forward by the government of Canada, looks to strengthen the scope by expanding the KP's official definition of what constitutes conflict diamonds...Read More