Diamond stocks Articles

Diamonds Mining Companies Listed in All Countries

2019-01-16 / Staff reporter

Compare(Show all)CompanyTickerLast Price (native)Change (native)Change (%)Day LowDay High52 Week Low52 Week HighVolumeMC (M CAD$)  Rio Tinto Ltd.RIO.AX80.00-0.580-0.73%79.2879.8269.4187.09240,444124,832.0  Anglo American plcAAL.L1,782.4012.6000.71%1,775.601,822.201,433.801,948.002,950,62138,890.3  Petra Diamonds Ltd.PDL.L44.580.4200.94%43.3145.4032.5673.45797,222664.1...Read More

Stock quotes of diamond mining companies

Jan 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

Michael Hill Sees Improved Holiday Sales

Jan 15, 2019 / Rapaport News

RAPAPORT... Michael Hill's sales rose during the holiday period, buoyed bya shift in the company's marketing strategy, it said Tuesday. The jeweler's same-store sales - at branches open for at least a year- increased 1.3% year on year during the November-to-December period,but decreased 2.9% for the second fiscal quarter overall. Although salesfell, performance improved significantly compared to t...Read More

Chow Tai Fook Sales Dip on Economic Slowdown

Jan 15, 2019 / Rapaport News

RAPAPORT... Chow Tai Fook followed a string of major retailers observing a slowdown in greater China as same-store sales fell in the three months that ended December 31. "A decline in same-store sales was recorded for both mainland China and Hong Kong and Macau markets in the third quarter amid uncertain macroeconomic environment," the jeweler said in a trading update Monday.Same-store sales...Read More

Alrosa to Launch Zimbabwe Operations

Jan 15, 2019 / Rapaport News

RAPAPORT... Alrosa will resume diamond-mining operations in Zimbabwe after a two-year break from the country. The Russian miner announced it would partner with the African country to develop joint exploration and extraction projects. The announcement took place during a visit to Moscow by Zimbabwe President Emmerson Mnangagwa. "We...seek to support Zimbabwe in the development of its diamond-m...Read More

Ex-Dominion CEO to Launch Synthetics Firm

Jan 15, 2019 / Rapaport News

RAPAPORT... The former CEO of Dominion Diamond Mines is launching alab-grown-diamond venture targeting the bridal market, the Financial Timesreported. Patrick Evans's company will produce synthetic stones at aUS location with access to cheap solar power, the report said Sunday. It willsell diamonds above 1 carat, pricing them at a discount of 15% to 20% offnatural diamonds. Evans left Dominion la...Read More

CIBJO Directors Approve Newest Blue Book on Responsible Sourcing In Jewellery

January 15, 19 / Albert Robinson

(IDEX Online) - The Board of Directors of CIBJO, the World Jewellery Confederation, has approved the first edition of the Responsible Sourcing Book, which provides a framework and guidance for due diligence related to the responsible sourcing of gemstones and precious metals in the jewelry sector.   It becomes the latest in CIBJO's Blue Book series of definitive industry guides for stan...Read More

Newfield Resources marks progress at Tongo project

15th January 2019 / Tasneem Bulbulia     

ASX-listed Newfield Resources is, along with its technical partners PPM, SRK Consulting and Datamine, nearing completion of the front-end engineering design study for its Tongo diamond project, in Sierra Leone.The outcome of the study is expected to be released in the first quarter of this year.AdvertisementMoreover, final mine optimisation is ongoing and is set to be completed shortly.Newfield ha...Read More

ALROSA Launches Operations In Zimbabwe, Opens Subsidiary in Harare

January 15, 19 / Albert Robinson

(IDEX Online) - ALROSA has announced it is launching operations in Zimbabwe following a visit to Moscow by President Emmerson Mnangagwa.   With the support of the Zimbabwe government, ALROSA will develop new mining operations in the country.   "Today we see opportunities for a new stage of our partnership," said ALROSA CEO Sergey Ivanov. "We are ready to develop new joint projects for...Read More

Angolan diamond production in historic competitive bid sale

Jan. 14, 2019, 11:23 AM / Lucapa Diamond Company Limited

The significant diamond sector reforms being enacted by the President of Angola, His Excellency Joao Lourenco, to grow investment into the Angolan mining sector, will take another major step forward this month as the inaugural competitive bid sale of large and premium-quality diamonds from the high-quality Lulo diamond mine takes centre stage in the Angolan capital of Luanda.This commitment is nec...Read More

Russia's Alrosa back to mining diamonds in Zimbabwe

Jan. 14, 2019, 8:52 AM / Cecilia Jamasmie

Russia's Alrosa (MCX:ALRS), the world's top diamond producer by output, is returning to Zimbabwe after almost two years, as the company continues to expand in Eurasia.The miner will develop exploration and extraction operations in the country as long as it counts with support of the government, it said on the eve of talks in Moscow between Zimbabwe's President and Vladimir Putin.Alrosa opened an o...Read More

Angola to host first competitive diamond bid sale

Jan. 14, 2019, 7:07 AM / MINING.com Staff

The first competitive bid sale of large and premium-quality diamonds from the Lulo diamond mine will take place on January 31, 2019, in the Angolan capital of Luanda.According to a press release issued by Australia's Lucapa Diamond (ASX:LOM), owner of a 40% stake in the prolific mine, the stones for sale will the first diamonds offered in a competitive process under the new diamond marketing polic...Read More

Zimbabwe Consolidated Diamond Company expects to produce 4.1 million carats in 2019

Jan. 14, 2019, 6:30 AM / MINING.com Staff

In an interview with the Sunday Mail, the Chief Executive Officer of state-owned Zimbabwe Consolidated Diamond Company, Moris Mpofu, revealed that the company plans to invest $32 million in exploration projects this year.Such projects involve reopening mines in Chiadzwa, home to the Marange diamond fields, and other parts of the country, as well as launching new operations in the Save River floor...Read More

India Cracks Down on Bankrupt Diamond Traders

Jan 14, 2019 / Rapaport News

RAPAPORT... Indian industry bodies are stepping up measures to prevent owners of bankrupt diamondcompanies from starting a new business before clearing their debts. The country's TradeDisciplinary Committee (TDC) could ban such new firms fromcarrying out business on the premises of member organizations, it said in a notice December 21.That would effectivelyprevent them from operating wit...Read More

Israeli Miner Finds New Mineral

Jan 14, 2019 / Rapaport News

RAPAPORT... Israeli exploration company Shefa Yamim has identified a newmineral while examining gemstones it had unearthed in the country. The miner has named the material carmeltazite, as it discoveredit on Israel's Mount Carmel, and its major chemical components are titanium,aluminum and zirconium, Shefa Yamim said last week. The mineral exists insidethe miner's Carmel sapphires, a type of...Read More

Lucapa Predicts Premium from Angola Reforms

Jan 14, 2019 / Joshua Freedman

RAPAPORT... Angola will this month host its first diamond sale under newrules designed to improved transparency and prices.Sodiam, a state-owned diamond-marketing company, will offerseven large stones from Lucapa Diamond Company's Lulo mine, including a46-carat pink and six white diamonds ranging from 43 to 114 carats. The Angolan government approved reforms last year that willopen sales to a wide...Read More

Alrosa Sales Rise in December

Jan 14, 2019 / Rapaport News

RAPAPORT... Alrosa noted strong sales in December as buyers sought goodsto replenish their stocks. Proceeds increased 38% year on year to $328.7 million, theminer said Friday. Rough-diamond sales rose 42% to $323.7 million, whilepolished revenue dropped 47% to $5 million, according to Rapaport calculations. Sales value was also 20% higher than in November due to a "flexiblepricing policy, aga...Read More

Russia's Alrosa returns to diamond exploration in Zimbabwe

January 14, 2019 / Reuters     

MOSCOW – Russian diamond giant Alrosa has set up a subsidiary in Zimbabwe to begin mining operations there, it said on Monday, more than two years after it shelved plans to expand into the southern African country.Alrosa, the world's largest diamond producer by output, started conducting geological exploration in Zimbabwe in 2013 but dropped the licences it held there in 2016 d...Read More

DebTech supplies X-ray diamond recovery tech to Sierra Leone project

14th January 2019 / Marleny Arnoldi     

Diamond processing technology specialist DebTech is supplying its X-ray diamond recovery technology to Newfield Resources’ Tongo diamond mining project, in Sierra Leone.DebTech is collaborating with project house Paradigm Project Management on the project.AdvertisementDebTech’s mature sorting technology is a dependable solution for the highly efficient recovery of diamonds from a varie...Read More

Israeli Miner Discovers New Mineral

Jan 14, 2019 / Rapaport News

RAPAPORT... Israeli exploration company Shefa Yamim has identified a newmineral while examining gemstones it had unearthed in the country. The miner has named the material carmeltazite, as it discoveredit on Israel's Mount Carmel, and its major chemical components are titanium,aluminum and zirconium, Shefa Yamim said last week. The mineral exists insidethe miner's Carmel sapphires, a type of...Read More