Diamond stocks Articles

Diamonds Mining Companies Listed in All Countries

2020-04-10 / 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%1.231.251.012.122,605632.0  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

Apr 10, 2020 / 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

Queen Chooses Turquoise and Diamond for Coronavirus Address

April 08, 20 / John Jeffay

(IDEX Online) - Queen Elizabeth's jewelry attracted almost as much attention as her message when she made an historic TV address on the coronavirus crisis.Keen royal observers were intrigued to see her wearing a rarely-seen turquoise and diamond brooch inherited in 1953 from her grandmother Queen Mary, widow of King George V and a keen jewelry collector.It was a gift from the new queen's...Read More

An Opportunity to Strengthen Connections

Apr 07, 2020 / Avi Krawitz

RAPAPORT... A rough diamond changes hands at least five times before it reaches the cutting wheel, an industry veteran explained to my amazement when I first started writing about the market. A polished stone is traded even more often before being set into a piece of jewelry, he continued.The journey a diamond undergoes from mine to finger is truly a global one. It can be unearthed in Lesotho, sol...Read More

JBT Amends Credit Reports to Account for COVID-19

Apr 07, 2020 / Rapaport News

RAPAPORT... The Jewelers Board of Trade (JBT) will issue two parallel credit ratings for companies during the current crisis to reflect the impact of the shutdown on cash flow.The organization's credit reports, which score jewelers' debt history, will include one rating using its usual methods, mirroring the realities of COVID-19, and a second showing the situation before the downturn.The JBT offe...Read More

Diamond Prices Slide in March as COVID-19 Spreads

Apr 07, 2020 / Rapaport

RAPAPORT PRESS RELEASE, April 7, 2020, Las Vegas... Diamond prices fell in March as the spreading coronavirus led to a dramatic decline in the global economy. Diamond markets are under pressure and facing a severe liquidity crisis as jewelry retail, diamond manufacturing and trading shut down.The RapNet Diamond Index (RAPI) for 1-carat diamonds dropped 6.8% during the month and 8.7% in the first q...Read More

Tiffany Gives $1M to Pandemic Relief Efforts

Apr 07, 2020 / Rapaport News

RAPAPORT... Tiffany & Co. has donated $1 million to aid efforts to stem the spread of COVID-19, with a portion allocated toward providing essential medical supplies to New York.The jeweler will contribute $750,000 to the COVID-19 Solidarity Response Fund for the World Health Organization (WHO), it said Monday. Those funds will help countries around the world prevent, detect and respond to...Read More

Pandora Hires Marketing Heads Amid Revamp

Apr 07, 2020 / Rapaport News

RAPAPORT... Pandora has hired two new marketing executives to head the global business units that it established recently as part of its strategic reorganization.Frederique Gouzard will lead the "moments" global unit, which includes charms and collaborations, the Danish jeweler said Monday. She was previously a global brand marketing director for De Beers Diamond Jewellers (now De Beers Jewel...Read More

How Three Jewelers Are Coping During COVID-19

Apr 07, 2020 / Joshua Freedman

RAPAPORT... Can my company survive this crisis? How long will the shutdown last? Should I lay my workers off? Should I apply for government support? The coronavirus outbreak has left US jewelers with a string of questions. There aren't many definitive answers yet, as the outbreak has shown signs of worsening before it gets better, and estimates vary as to the severity of the economic impact....Read More

BlueRock increases Q1 diamond sales, uncertain of Covid-19 impact

7th April 2020 / Natasha Odendaal     

Aim-listed ldiamond producer BlueRock Diamonds’ good performance during the first quarter of 2020 has been overshadowed by the ongoing Covid-19 pandemic which has halted operations.The group, which owns and operates the Kareevlei diamond mine, in Kimberley, sold 3 267 ct during the first three months of the year, a surge of 77% compared with the 1 847 ct sold in the comparative quarter last...Read More

JBT Credit Ratings will Reflect Impact of Coronavirus

April 07, 20 / John Jeffay

(IDEX Online) - Credit ratings on 70,000 jewelry firms will take account of the impact of coronavirus, says the Jewelers' Board of Trade.The non-profit organization says its reports will now include a business's rating as it stood before the Covid-19 crisis, for the sake of transparency."If a firm was highly rated prior to the crisis, that will be visible to the JBT member," said the boa...Read More

Covid-19 preventing shareholders from attending Anglo AGM

7th April 2020 / Martin Creamer     

JOHANNESBURG (miningweekly.com) – Shareholders will not be permitted to attend this year’s annual general meeting (AGM) of Anglo American because of Covid-19 restrictions – but they have been invited to submit questions in advance for answering at the AGM.The London- and Johannesburg-listed diversified mining company said in a stock exchange news service announcement on Tues...Read More

Coronavirus: Tiffany pledges $1m and Will Match Staff Donations Dollar for Dollar

April 07, 20 / John Jeffay

(IDEX Online) - Tiffany is donating $1m to fight coronavirus and pledging to match dollar for dollar any contributions by its 13,000 employees.The New York-based jeweler's philanthropic foundation is allocating $750,000 to the COVID-19 Solidarity Response Fund for the World Health Organization, and $250,000 to the NYC COVID-19 Response & Impact Fund."During this global health crisis, we m...Read More

Diamond Prices Slides in March as COVID-19 Spreads

Apr 07, 2020 / Rapaport

RAPAPORT PRESS RELEASE, April 7, 2020, Las Vegas...Diamond prices fell in March as the spreading coronavirus led to a dramatic decline in the global economy. Diamond markets are under pressure and facing a severe liquidity crisis as jewelry retail, diamond manufacturing and trading shut down.The RapNet Diamond Index (RAPI) for 1-carat diamonds dropped 6.8% during the month and 8.7% in the first qu...Read More

De Beers Converting Facilities to Help Virus Effort

Apr 06, 2020 / Rapaport News

RAPAPORT... De Beers is using its mining sites in Botswana and its technology production center in the UK to help the fight against COVID-19.Debswana, the company's joint venture with Botswana, is making facilities available for the government to use as treatment or isolation centers, parent company Anglo American said Monday. It's offering two of its ambulances, and compiling databases of re...Read More

Govt. Allows Mining at Argyle to Continue

Apr 06, 2020 / Leah Meirovich

RAPAPORT... Mining at Rio Tinto's Argyle deposit in Australia is proceeding as usual, despite a lockdown amid the coronavirus pandemic.The company has received full approval from the Western Australian state government to continue its production operations prior to the mine's expected end of life later this year, it told Rapaport News Monday. Operations are also in full swing at Diavik, the C...Read More

WFDB to Fund Get Diamonds Trading Platform

Apr 06, 2020 / Avi Krawitz

RAPAPORT... The World Federation of Diamond Bourses (WFDB) has adopted Get Diamonds as its official trading platform, the organization's president Ernie Blom told Rapaport News. The WFDB's executive committee agreed in a Zoom meeting on Sunday night to support the platform, which until now has been run by the Israel Diamond Exchange (IDE). That includes funding its development and preparing a...Read More

Perfumes Inspired by Graff's Historic 302ct Diamond

April 06, 20 / John Jeffay

(IDEX Online) - Billionaire British jeweler Laurence Graff has launched a perfume range inspired by his 302.37-carat emerald-cut Lesedi La Rona diamond.A collection of six fragrances are being sold in bottles shaped like the iconic stone at $340 for 100ml.Mr Graff, 81, paid $53m in 2017 for a rough 1,109-carat stone discovered by Lucara at their Karowe Mine, in Botswana. It was the world'...Read More

Leteng Average Price Drops 6% in 1Q

Apr 06, 2020 / Rapaport News

RAPAPORT... Gem Diamonds' average selling price fell 6% to $1,615 per carat in the first quarter compared with the previous three months, the company said Monday.The miner brought in $6.7 million from its second flexible tender of large, high-quality rough from the Leteng mine in Lesotho. The first flexible tender yielded $12 million. The company also sold $7.8 million during the quarter at a...Read More

Coronavirus: Anglo American's Aid to 90,000 Workers

April 06, 20 / John Jeffay

(IDEX Online) - Anglo American, parent company of De Beers, has detailed a wide-ranging package of health and social care measures for its 90,000 employees worldwide during the coronavirus crisis. It includes paying all its 47,000 employees in South Africa, during the current 21-day lockdown, and making its hospital and other healthcare facilities available to Covid-19 patients. The company is als...Read More