Diamond stocks Articles

Diamonds Mining Companies Listed in All Countries

2019-03-20 / Staff reporter

Compare(Show all)CompanyTickerLast Price (native)Change (native)Change (%)Day LowDay High52 Week Low52 Week HighVolumeMC (M CAD$)  Rio Tinto Ltd.RIO.AX94.75-1.850-1.95%92.2593.0169.4197.29364,160111,166.0  Anglo American plcAAL.L1,979.2026.3001.33%1,982.202,010.211,433.802,078.503,228,84645,029.4  Lucara DiamondCorp.LUCRF1.230.0000.00%1.231.251.012.122,605632.0 &...Read More

Stock quotes of diamond mining companies

Mar 20, 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

Taxes and royalties paid by Australian miners equivalent to Federal Government education spending

Mar. 19, 2019, 7:02 AM / MINING.com Staff

A report published by Deloitte Access Economics reveals that Australian mining companies paid A$30.6 billion in company tax and royalties in 2017-18 - the equivalent of all Federal Government spending on Australian schools, universities and vocational training.According to the report, the dollar amount paid in company taxes over the past couple of years surpasses that of 2011-12, which was the pea...Read More

India's Polished Exports Fall in February

Mar 19, 2019 / Rapaport News

RAPAPORT... India's polished-diamond exports dropped 4% to $2.34 billionin February, as market weakness continued. A slide in the volume of shipmentsoutweighed a higher average price, according to data the Gem & JewelleryExport Promotion Council (GJEPC) released this week. Rough imports also decreased,indicating a slowdown in the manufacturing sector.India Trade Data for February 2019 $...Read More

Tiffany Provides Glimpse into Future Store Design

Mar 19, 2019 / Joshua Freedman

RAPAPORT... With Tiffany & Co. refurbishing its flagship store on New York's Fifth Avenue, there is a buzz of speculation on how the retailer plans to make the shop more interactive and appealing to millennials, as it has vowed to do. What people may not know, however, is that Tiffany has already made a similar move in London, opening a new, modern store that strikes a different tone than...Read More

Brexit Stockpiling Boosts Swiss Watch Growth

Mar 19, 2019 / Rapaport News

RAPAPORT... Swiss watch exports rose in February, as stockpiling in theUK prior to Brexit accounted for 80% of the industry's worldwide growth. Shipments rose 3.4% to CHF 1.8 billion ($1.8 billion) forthe month overall, following a two-month downturn. Supply to the UK surged 58%to CHF 126.5 million ($126.5 million), while those to China bounced back,rising 15% to CHF 151.1 million ($151.1 mil...Read More

Debswana announces Cut 9 project, to extend Jwaneng mine-life

March 19, 19 / Ya'akov Almor

The Debswana Diamond Company (Debswana), a 50/50 joint venture between the Government of the Republic of Botswana and De Beers Group, is launching its Cut-9 project, to extend the life of Jwaneng Mine to 2035. The mine is expected to yield an estimated 53 million carats of rough diamonds from 44 million tons of treated material. Debswana will invest approximately US$2 billion over the life of the...Read More

ALROSA to asses viability of MIR pipe

March 19, 19 / Ya'akov Almor

Alrosa, one of the world's leading diamond miners has initiated a decision-making protocol that will determine if the company's diamond mine at the famous Mir pipe is to be permanently decommissioned or fully restored.   The protocol will require deep level exploration down to -1,300 meter to confirm the mine's reserves. These activities are scheduled to be completed by early 2022. Budg...Read More

Gold Conference comes to New York in April

March 19, 19 / Ya'akov Almor

For the ninth year in a row, Initiatives in Art and Culture (IAC) has created a two-day gathering of experts and visionaries working across various fields related to gold. From journalists and jewelry designers, to environmentalists and government regulators, an international gathering of those passionate about gold will discuss challenges the precious metal and its surrounding industries face tod...Read More

Russian diamond miner Alrosa wants controlling stake to mine in Zimbabwe

Mar. 18, 2019, 10:30 AM / Reuters

Russian state-controlled miner Alrosa will assess the quality of Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project, the company's chief executive said on Monday.Zimbabwe is seeking to attract investment and has scrapped legislation that restricts foreign participation for some commodities. It has yet to do so for diam...Read More

De Beers, Botswana to expand world's richest diamond mine

Mar. 18, 2019, 7:18 AM / Cecilia Jamasmie

Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, have awarded Thiess' subsidiary CIMIC a $1.2-billion contract to extend the lifespan of their Jwaneng mine.Jwaneng, which began operations in 1982, is currently 650 metres deep, but its owners want to deepen the pit to 830 meters (2,700 feet), which will allow continuing operations fo...Read More

Rio Tinto rejects push by activist shareholders to reveal emission targets

Mar. 18, 2019, 3:52 AM / Cecilia Jamasmie

Rio Tinto (ASX, LON: RIO), the world's second largest miner, is recommending shareholders to vote against a resolution requiring the company to release its direct emissions details and strategies on how its greenhouse gas emissions and those of its customers can be cut.In a letter from chairman Simon Thompson, Rio urged investors to vote against the proposed rule change that would have the miner t...Read More

Alrosa's Mir mine won't reopen before 2030

Mar. 18, 2019, 1:43 AM / Frik Els

Russian diamond miner Alrosa said on Monday studying whether it's viable to reopen it Mir mine which was shuttered in August 2017 due to flooding, would take more than 4 years.According to the state-controlled company the work requires deep level exploration down to -1,300 metres to confirm the mine's reserves and will cost about $30.3 million (RUB2 billion).Exploration are scheduled to be complet...Read More

De Beers Extends Jwaneng Mine Life

Mar 18, 2019 / Rapaport News

RAPAPORT... Debswana, De Beers' Botswana joint venture, has launched a new project set toextend the life of its Jwaneng mine until 2035. The Cut-9 expansion, which will cost Debswana approximately$2 billion, is expected to produce an estimated 53 million carats of roughdiamonds, the company said Monday. "With global consumer demand for diamonds reaching recordlevels in 2018, the extension wi...Read More

Diamond Fields Pink Sells for $17K/ct.

Mar 18, 2019 / Rapaport News

RAPAPORT... A pink diamond from Namibia's offshore drilling programfetched $17,000 per carat at a tender in Antwerp. The 5.71-carat stone fetched $97,076 at the sale, the firstDiamond Fields Resources has held since resuming mining in 2018, it said lastweek. The company also sold 47,298 carats of high-quality whiteand colored rough stones for $1.1 million, it noted. It sold all the diamonds...Read More

Alrosa's Mir Mine Could Reopen in 2030

Mar 18, 2019 / Rapaport News

RAPAPORT... Mining operations at Alrosa's Mir deposit won't resume until at least 2030, as the company carries out work on the site that could take up to 13 years. It will take approximately five years for the miner to conduct deep-levelexploration and designwork that will enable it to open the site safely. That will costthe company RUB 2 billion ($30.9 million), Alrosa said Monday. Alr...Read More

Botswana's Debswana targets diamond output of 24 mln carats in 2019

March 18, 19 / Ya'akov Almor

Albert Milton, the managing director of Botswana's Debswana Diamond Mining, announced that Debswana aims to keep production at around 24 million carats this year, Reuters reported.   Debswana is a joint venture between De Beers and Botswana's government. In 2018, Debswana's production increased with six percent, reaching 24.1 million carats, its highest output in the past four years. Th...Read More

Alrosa reports a profitable 2018, strengthens its presence in the US by making a deal with Tiffany's

March 18, 19 / Ya'akov Almor

Alrosa reported last week that net profit had risen with some 15 percent to reach $1.4 billion in 2018. The announcement followed earlier reports that the company's sales volume had dropped with eight percent compared to 2017. Higher price levels for goods sold, however, caused sales to rise $4.4 billion, a value increase of six percent, the leading diamond miner said.   "The key financial d...Read More

Alrosa wants controlling stake to mine in Zimbabwe

18th March 2019 / Reuters     

LONDON – Russian State-controlled miner Alrosa will assess the quality of Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project, the company's chief executive said on Monday.Zimbabwe is seeking to attract investment and has scrapped legislation that restricts foreign participation for some commodities. It ha...Read More

GIA's New York Jewelry Career Fair attracts many hundreds of job seekers

March 18, 19 / Ya'akov Almor

More than 450 students, GIA (Gemological Institute of America) alumni, job seekers and industry professionals connected with 56 companies looking to hire and 23 career coaches offering expert advice at GIA's New York Jewelry Career Fair on Friday, March 8. The annual event paved the way for new talent and those looking to enter the gem and jewelry industry with a unique opportunity to network dire...Read More