Diamond stocks Articles

Diamonds Mining Companies Listed in All Countries

2018-09-18 / Staff reporter

Compare(Show all)CompanyTickerLast Price (native)Change (native)Change (%)Day LowDay High52 Week Low52 Week HighVolumeMC (M CAD$)  Rio Tinto Ltd.RIO.AX73.01-0.250-0.34%72.2072.8565.3887.09353,399116,644.0  Anglo American plcAAL.L1,545.001.4000.09%1,520.001,547.201,270.001,948.003,244,79833,577.8  Lucara DiamondCorp.LUCRF1.740.0301.72%1.751.781.512.3331,338908.7 &...Read More

Stock quotes of diamond mining companies

Sep 18, 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

Petra Diamonds CEO to leave following shares value dip, debt increase

Sep. 17, 2018, 3:40 AM / Cecilia Jamasmie

Shares in Petra Diamonds (LON:PDL) climbed more than 6% on Monday after the South African miner reported a 37 percent increase in full-year earnings thanks to higher output at its mines.Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) jumped to $195.4 million from $142 million in the previous year, Petra said.However, the diamond producer posted a net loss after tax o...Read More

Petra Boss Steps Down Amid $203M Loss

Sep 17, 2018 / Rapaport News

RAPAPORT... Petra Diamonds CEO Johan Dippenaar will leave the company afterit recorded a huge loss during the fiscal year, it said Monday. The company reported a net loss of $203.1 million for the periodending June 30, as opposed to a profit of $20.7 million the year before. Thiswas due to the combination of an impairment charge - a permanent reduction in the valueof an asset - on its Koffiefontei...Read More

MJSA Awards $10K to Jewelry Students

Sep 17, 2018 / Rapaport News

RAPAPORT... Manufacturing Jewelers & Suppliers of America (MJSA) hasawarded a total of $10,000 in scholarships to three students pursuing aneducation in jewelry. Nicholas Bates, who plans to study jewelry technology andgemology at Texas Institute of Jewelry Technology, received $4,000, MJSA said. QuinnDavis was awarded $3,500 to aid her pursuit of a graduate-jeweler diploma atthe Gemological I...Read More

DEF Establishes First Scholarship

Sep 17, 2018 / Rapaport News

RAPAPORT... The Diamond Empowerment Fund (DEF) has launched its firstscholarship in partnership with the Mandela Institute for Development Studies(MINDS).  The grant will go to a student from a diamond-producingcountry whose chosen field of postgraduate study facilitates improving thequality of life for Africans. "We are thrilled to be partnering with the Mandela Institutefor Development Stu...Read More

Israel Diamond Exchange Launches 'Fly To Buy' Campaign For Buyers

September 17, 18 / Albert Robinson

(IDEX Online) - The Israel Diamond Exchange (IDE) is officially launching a groundbreaking new campaign to encourage international buyers to purchase diamonds at the bourse called 'Fly to Buy'.   The campaign will enable diamond buyers to fly to Israel for free from October to December 2018, if they purchase $150,000 worth of diamonds during their visit to the exchange. The cost of the flight...Read More

Petra lifts FY18 adjusted Ebitda, starts search for new CEO

17th September 2018 / Tasneem Bulbulia     

Diamond miner Petra Diamonds achieved a 37% year-on-year increase in adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) to $195.4-million for the financial year ended June 30.Its adjusted Ebitda margin improved to 39%, from 36% in the 2017 financial year.AdvertisementRevenue rose by 25% year-on-year to $495.3-million as a result of a 19% year-on-year increase in produ...Read More

Petra Diamonds CEO Dippenaar to Step Down; Miner Posts Big Loss for FY2018

September 17, 18 / Albert Robinson

(IDEX Online) - Petra Diamonds Limited said long-time CEO Johan Dippenaar, will be stepping down after 12 years.   Chairman Adonis Pouroulis said: "Johan has led Petra through a long period of significant growth, taking the company's annual production from approximately 175,000 carats in FY 2006 to 4.6 million carats in FY 2018, and establishing the company as a leading independent diamond pr...Read More

Lucapa introduces Lulo diamonds into Angola's new diamond marketing system

Sep. 16, 2018, 10:45 AM / Valentina Ruiz Leotaud

Lucapa Diamond (ASX:LOM) said it supports the recent diamond sector reforms announced by Angola's government and that it will sell certain select large premium-value diamonds from its prolific Lulo mine through the country's new marketing channels.In detail, the Australian miner and its partners Empresa Nacional de Diamantes and Rosas & Petalas selected six top white diamonds from Lulo, weighing b...Read More

How Anglo quietly built a commodity trader in Glencore's shadow

Sep. 16, 2018, 7:46 AM / Bloomberg News

Anglo American Plc has quietly become a commodities trader.In just five years, the century-old miner assembled marketing operations that now sell more metals than the company produces. Yet the trading business gets barely a mention at presentations by Anglo executives or in analyst reports, taking a back seat to mines that produce everything from copper and platinum to diamonds.Anglo's move into t...Read More

Rolex US Chief Earns Lifetime Award

Sep 16, 2018 / Rapaport News

RAPAPORT... Jewelers of America (JA) has named Rolex Watch USA CEOStewart Wicht as the recipient of its 2019 GEM Award for Lifetime Achievement. The GEM Awards honor the outstanding achievements ofindividuals or companies whose work raises the visibility and status of finejewelry and watches. "A bigger-than-life personality and an astute businessman,Stewart significantly elevated Rolex's par...Read More

Lucapa to Sell Large Stones After Angola Reforms

Sep 16, 2018 / Rapaport News

RAPAPORT... Lucapa Diamond Company will sell six large stones weighing atotal of 449 carats from its Lulo mine in Angola after an overhaul of thenation's mining laws prompted it to delay the sale, it said. The Angolan government introduced reforms to its diamondsector in the first half of the year to help boost foreign investment. Thosemeasures included a new marketing policy for Angolan diamonds,...Read More

Chow Tai Fook Says No to Synthetics

Sep 16, 2018 / Avi Krawitz

RAPAPORT... Chow Tai Fook, Hong Kong's largest jewelry company, has ruled out introducing a line of lab-grown diamonds at its stores, noting that Chinese consumers are not interested in the category. "We don't have any idea to develop lab-grown diamonds at this moment because we don't see any market for it right now," Kent Wong, managing director of Chow Tai Fook Jewellery Group (pictured), said i...Read More

Sotheby's to Sell Rare 5ct. Blue Diamond

Sep 16, 2018 / Rapaport News

RAPAPORT... A ring with a 5-carat, fancy-vivid-blue diamond center stone and white diamonds will headline Sotheby's Magnificent Jewels and Jadeite fall sale in Hong Kong. The Ai diamond, named after the Chinese word for love, is estimatedat $12.5 million to $15.3 million, the auction house said last week. Several pieces by designer Wallace Chan will also go underthe hammer, including a pair...Read More

GSI Opens New York Screening Facility

Sep 16, 2018 / Rapaport News

RAPAPORT... Gemological Science International (GSI) has launched a new screeningand testing office in New York's Diamond District. The facility, which will serve as a hub for the institute'sUS-based customers, will be dedicated to identifying undisclosed synthetic diamonds. "Demand for screening and testing services has grownexponentially as the industry faces one of its biggest challenges yet -u...Read More

Alrosa Auction Garners $16M

Sep 16, 2018 / Rapaport News

RAPAPORT... Alrosa sold $15.6 million worth of rough at a large-stoneauction in Israel last month. The 166 diamonds - each over 10.8 carats - weighed acombined 2,611 caratsand fetched an average price of $5,975 per carat, theminer said last week. The stones sold for more than one-and-a-half times theirasking price, Alrosa noted. Companies from Russia, Israel, Belgium, Hong Kong, theUnited Arab Emi...Read More

Hundreds of Visitors Already Registered for Bharat Diamond Week

September 16, 18 / Albert Robinson

(IDEX Online) - The Bharat Diamond Bourse (BDB) in Mumbai says more than 300 visitors from India and overseas have already registered for the second edition of the Bharat Diamond Week at the bourse, to take place from October 8-10. Hundreds more buyers are expected to register in the countdown to the expanded polished diamond fair. The inaugural show, held from April 23-25, was attended by more th...Read More

IIDGR Launches Advanced Version Of Synthdetect Synthetic Screening Device

September 16, 18 / Staff Reporter

(IDEX Online) - The International Institute of Diamond Grading & Research (IIDGR), a member of De Beers Group, has announced the introduction of SYNTHdetect XL, an advanced version of the highly successful SYNTHdetect synthetic screening device launched last year.   Unveiled at the Hong Kong Jewellery & Gem Fair, SYNTHdetect XL has a larger base unit that allows multiple volumes of je...Read More

IDE Appoints New Managing Director

Sep 16, 2018 / Rapaport News

RAPAPORT... The Israel Diamond Exchange (IDE) has appointed Eran Zini asmanaging director. Zini was formerly the managing director of a company thatworks on vocational rehabilitation for people with disabilities. He was also asenior adviser to Israel's minister of justice. Zini will replace Eli Avidar, who stepped down in April. Image: Eran Zini, IDE Managing Director. Credit: Israel Diamond Exc...Read More