Diamond stocks Articles

Diamonds Mining Companies Listed in All Countries

2019-09-16 / Staff reporter

Compare(Show all)CompanyTickerLast Price (native)Change (native)Change (%)Day LowDay High52 Week Low52 Week HighVolumeMC (M CAD$)  Lucara DiamondCorp.LUCRF1.230.0000.00%,605632.0  Petra Diamonds Ltd.PDL.L31.98-0.130-0.41%31.6432.9631.6473.45858,781473.8  Gem Diamonds LimitedGEMD.L102.000.5000.49%101.00102.5078.00125.009,265244.1  Stornoway D...Read More

Stock quotes of diamond mining companies

Sep 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

CIBJO Urges Trade to Woo Gen Z-ers

Sep 15, 2019 / Rapaport News

RAPAPORT... Understanding the newest generation of jewelry-buyingconsumers is imperative for the industry to thrive, the World JewelleryConfederation (CIBJO) stressed last week ahead of its upcoming congress inBahrain. Members of Generation Z, which includes consumers aged 15 to25, will spend approximately $143 billion this year, and are the drivers offuture sales growth, CIBJO said in a spec...Read More

De Beers Finds Buyer for Namibia Mine

Sep 15, 2019 / Rapaport News

RAPAPORT... De Beers has sold the Elizabeth Bay mine for NAD 120 million ($8.2 million), a year after it ceased operations at the deposit.   The miner chose Lewcor Group, a 100% Namibian-ownedconsortium, following an extensive search for a new owner that would be able tooperate the mine - part of its Namdeb joint venture with the government of Namibia - in a sustainab...Read More

WGC Launches Responsible Gold Mining Principles

September 15, 19 / IDEX Online Staff Reporter

(IDEX Online) - The World Gold Council (WGC), the market development organisation for the gold industry, has launched its Responsible Gold Mining Principles. The organization says these principles address key environmental, social and governance issues for the gold mining sector and act as a framework that sets out clear expectations for consumers, investors and the downstream gold supply chain as...Read More

Namdeb Sells Elizabeth Bay Mine

September 15, 19 / IDEX Online News

(IDEX Online) - Namdeb Holdings, a joint venture between the government of the Republic of Namibia and De Beers, has sold its Elizabeth Bay Mine and associated marine assets to a member of the Lewcor Group. Namdeb shuttered the mine in September 2018. Following a review, the company concluded that the best way to ensure a future for the mine was to find an operator that could operate the mine in a...Read More

Borsheims Creates New Customer-Focused Position

Sep 15, 2019 / Rapaport News

RAPAPORT... Borsheims has promoted Adrienne Fay to vice president, tooversee the customer-purchase journey and unite the online and in-storeshopping experiences. The newly-created role is part of the jeweler's shift in strategy that places a greater emphasis on enhancing the customer experience regardless of what method they are using to shop, CEO Karen Goracke said last week. The initiative...Read More

Surat: 250 Diamond Units Shuttered and 40,000 Jobs Cut in Last Year

September 15, 19 / IDEX Online Staff Reporter

(IDEX Online News) - The news out of Surat, India's "Diamond City," is troubling, with reports of 250 diamond units there and across Gujarat having shut down in the past year. According to the Times of India, up to 40,000 workers have lost their jobs. Officers from the Gujarat Diamond Workers' Union (GDWU) met deputy chief minister Nitin Patel last week to demand financial help for the w...Read More

Podcast: Young Diamantaires Explore South Africa

Sep 15, 2019 / Rapaport News

RAPAPORT... The Rapaport Diamond Podcast interviews Rami Baron, founder of the Young Diamantaires group and leader of a trip to De Beers' Venetia mine in South Africa.In this episode, Baron speaks to Rapaport senior news reporter Joshua Freedman, who joined 25 future industry leaders on the mission earlier this month. They discuss what they learned on the trip, and what Young Diamantaires is...Read More

Angola adds New York to roadshow itinerary,opens new diamond polisher

13th September 2019 / Rebecca Campbell     

The Angolan Ministry of Mineral Resources and Petroleum has announced that the public bidding process for five minerals concessions, being offered to local and international investors, will be opened on October 7. Previously, it had been expected that the bidding period would run from September 30 and October 2. The short delay is to accommodate an extension to the roadshow currently being underta...Read More

Rapaport Weekly Market Comment

Sep 12, 2019 / Rapaport News

Low expectations for nextweek's Hong Kong show, with fewer suppliers and buyers attending due to ongoingdemonstrations. Dealers hoping polished trading will improve as US holiday seasonapproaches. Rapaport calls for $1B industry-wide marketing campaign for engagementrings, including $500M matching funds from mining companies. Signet 2Q bridalsales -4% to $560M, Tiffany engagement jewelry -3% to $2...Read More

India: Polished Production Low

Sep 12, 2019 / Rapaport News

Market for 0.30 to 0.40ct. stabilizing due to lower production. Buyers looking to fill specific requestsrather than build inventory. Fewer dealers than usual going to Hong Kong showdue to ongoing protests and drop in Chinese wholesale demand. Suppliers focusedon 0.30 to 1 ct., D-H, VS-SI goods. Manufacturers maintaining low polishedproduction but starting to consider rough purchases before Diwali...Read More

Nurturing the Next Generation of Diamantaires

Sep 12, 2019 / Joshua Freedman

RAPAPORT... If anyone in the industry wanted to know how to transform a diamondbusiness and safeguard its future, they might do well to speak to the 25members of the Young Diamantaires group who went on last week's mission toSouth Africa.The delegates from 10 countries included a jeweler who setup a museum to boost interest in gems, another who began offering lab-growndiamonds, and several so...Read More

Botswana Diamonds Moves Closer to Mining Permit for Marsfontein Stockpiles

September 12, 19 / IDEX Online Staff Reporter

(IDEX Online) - Botswana Diamonds (BOD) has announced that its associate Vutomi, in which it holds a 40-percent interest has been granted environmental authorization over a substantial portion of diamond-bearing gravels at the high-grade Marsfontein mine. The mine is contiguous to Botswana Diamonds Thorny river operation. The stockpiles are believed to contain commercial-grade diamonds. "This faci...Read More

CIBJO Releases Gen Z Report

September 12, 19 / IDEX Online Staff Reporter

(IDEX Online) - The CIBJO Marketing & Education Commission has released a report on Gen Z, young consumers who are currently 15-25 years old. The report is the first of the CIBJO commissions special reports to be released in the run up to the 2019 CIBJO Congress in Bahrain. The report provides a breakdown of what the industry needs to consider if it is to ensure that jewelry remains a favored...Read More

U.S. Treasury Dept. Claims Turkish Jewelry Company Helped ISIS

September 12, 19 / IDEX Online Staff Reporter

(IDEX Online News) - The U.S. Department of the Treasury has released a statement in which it singles out the Al-Hebo Jewelry Company (al-Hebo) for its support of ISIS. The statement claims the Turkish-based al-Hebo has "materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to ISIS." The company also operates under the names Al-Hab...Read More

DRC Techno Introduces Two New Lab-Grown Detectors

September 12, 19 / IDEX Online Staff Reporter

(IDEX Online) - DRC Techno, a company focused on diamond identification technology, has added the J-Mini and the J-Detect 9000 to its growing inventory of lab-grown diamond technology. The J-Mini is designed for over-the-counter use while J-Detect 9000 is made for larger applications. Both machines make identification conclusions based on a diamond's phosphorescent and photoluminescent proper...Read More

South African mining output rises for first time in nine months 

12th September 2019 / Bloomberg     

JOHANNESBURG – South African mining output increased for the first time in nine months in July as coal and iron-ore production surged.Mining production rose 2.4% from a year earlier compared with a revised 4.1% decline in June, Pretoria-based Statistics South Africa said in a report on its website Thursday. The median estimate of five economists in a Bloomberg survey was for a 1% increase.Ad...Read More

Environmental authorisation granted for Botswana Diamonds' Marsfontein mine

12th September 2019 / Tasneem Bulbulia     

Aim-listed Botswana Diamonds’ associate, Vutomi, has been granted an environmental authorisation over a substantial portion of the residual diamond-bearing gravels produced from the high-grade Marsfontein mine, which is contiguous to the Thorny River operation, in South Africa’s Limpopo province.In a statement on Thursday, Botswana Diamonds highlighted that this authorisation was a cri...Read More

Martin Rapaport Urges $1B Marketing Spend

Sep 11, 2019 / David Brough

RAPAPORT... Martin Rapaport hascalled for more effective marketing of diamond jewelry and a $1 billion global campaign promoting natural-diamond engagement rings. Speaking at the 18thParis Gemmological Rendez Vous on September 9, Rapaport, chairman of theRapaport Group, said current generic marketing efforts did not go far enough. Miners,supported by brands, must step up to the plate to reach out...Read More