Rapaport News


Search Results

Rapaport Broadcast
Lussier Explains How Retailers Can Raise the Quality of Marketing
July 01 2015 7:30

Advanced search
Latest Articles
Rough Markets
Polished Markets
How Botswana Will Find Independence
Fifty years on from independence, Botswana still finds itself in desperate need of improvements in its economic diversity. Its unsustainable reliance on diamonds is the reason why.That much was evident at an industry conference held this past week in Gaborone. Diamonds have done a lot of good for the country over...
Research Nov 26, 2015 Avi Krawitz
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
Mining stocks wereled by a surge by Lucara Diamond Corp. (+28%) following its discovery of thesecond largest diamond in history. Dominion Diamond Corporation fell 9% ondisappointing third-quarter results. North American retailers Birks Group(+27%) and Tiffany (+9%)...
Financial-Legal Nov 26, 2015 Rapaport News
alrosa sm
ALROSA 3Q Sales -3.5%, Loss Widens 47%
ALROSA reported revenue decreased 3.5 percent to $619.4million (RUB 40.6 billion) in the third quarter that ended September 30. TheRussian miner’s loss increased 47 percent to $231.2 million, driven partly bythe depreciation of the ruble...
Mining Nov 25, 2015 Rapaport News
Mustang Resources
Australia’s Mustang Resources Raises $4.1M to Progress Mozambique Projects
Australia’s Mustang Resources Ltd raised $4.1M (AUD 5.75million) to progress its diamond, ruby and graphite projects as well asaccelerate the Mozambique-focused miner’s near-term growth strategy.Bulk sampling on three “highly prospective” ruby explorationlicenses that...
Mining Nov 25, 2015 Rapaport News
Stellar Diamonds
Stellar Diamonds Cuts FY Loss 25% as Sales Rise from Naught
StellarDiamonds, a UK-based exploration group focused on West Africa, cut its annual lossby 25 percent as revenue grew from naught last year and costs were slashed.Its lossfell to $3.1million in the year to June 30, accordingto a November...
Mining Nov 25, 2015 Rapaport News
alrosa sm
ALROSA Revises Sales Budget, Keeps Production Plan Unchanged
ALROSA,the world’s largest producer of rough diamonds in terms of carats, “revised”its sales budget to reflect changes in the diamond market and macroeconomicfactors, it said in a statement after a supervisory meeting last week. TheRussian miner, which cited the...
Mining Nov 23, 2015 Rapaport News
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
Industry-related stocks were broadly down over the past week. U.S. retailers fell, led by Birks Group (-16%) and Nordstrom (-10%). Chinese jewelry retailer shares followed declines in the local Hang Seng index,...
Financial-Legal Nov 19, 2015 Rapaport News
Lucara 1,111 carats
Lucara Finds Second-Largest Diamond in History
Lucara Diamond Corp. has recovered three exceptional diamondsincluding a 1,111-carat stone from its Karowe mine in Botswana. The diamond isthe second-largest gem-quality diamond ever recovered and the largest to beretrieved through a modern processing...
Mining Nov 19, 2015 Rapaport News
Paragon Diamonds
UK’s Paragon Shares Suspended Amid Financial ‘Uncertainty’
Paragon Diamonds Limited, listed on the UK’s AlternativeInvestment Market, has had trading in its shares temporarily suspended amid“material uncertainty” over its financial position, the London Stock Exchange confirmed in a statement November 16.The miner...
Mining Nov 17, 2015 Rapaport News
ALROSA Hires Risk and Audit VP After Russia Approves Governance Code
ALROSA has appointed Vladislav Zhdanov as vice president, handing him responsibilityfor the Russian miner’s financial security, internal audit and risk management.The appointment, effective November 17, represents the firsttime ALROSA has created...
Mining Nov 17, 2015 Rapaport News
alrosa sm
ALROSA Appoints Oleg Petrov As USO Director
ALROSA hasappointed Oleg Petrov as director of its United Selling Organisation (USO), the Moscow-based unit that sorts, prepares, valuates and sells ALROSA's diamond production.Petrovjoined the Russian mining group in September as an adviser to president AndreyZharkov....
Mining Nov 16, 2015 Rapaport News
Lucara exceptional pink
Lucara Sells $30M at Exceptional Stone Tender
Lucara Diamond Corp. reported sales of $29.7 millionfrom its recent exceptional stone tender, with 13 diamonds from its Karowe minein Botswana selling for an average of $20,625 per carat. The Canadian minersold 1,440 carats...
Mining Nov 15, 2015 Rapaport News
De Beers Logo
De Beers Appoints Strategy Director As Anglo American Makes Senior Changes
De Beers has appointed Bruce Cleaver as group director for strategy and business development, responsible for industry trend analysis. He will retain his place on the board as a non-executive director, according to astatement by parent company Anglo...
Retail Nov 15, 2015 Rapaport News
Murowa Mine
Murowa Mine Working to Boost Production After Rio Tinto Exit
Zimbabwe’s Murowa mine, formerly controlled by Rio Tinto, isset for a return to diamond production, after earlierfears that it was shutting down following the key investor’s exit.The mine is working on boosting production, Zimbabweannewspaper The Chronicle...
Mining Nov 11, 2015 Rapaport News
Lucara Diamond
Lucara’s 3Q Revenue Flat, Profit +6%
Lucara Diamond Corp., which operates the Karowe mine inBotswana, reported that revenue fell by 0.5 percent to $90.9 million year onyear in the third quarter to September 30. Profit for the period increased 6percent...
Mining Nov 09, 2015 Rapaport News
Rough Diamonds
Namibia to Host International Diamond Conference Nov. 23
Namibiawill hold an InternationalDiamond Conference in Windhoek to focus on challenges facing diamond beneficiation in southernAfrica.The second edition of the event will be held from November 23 and 24, the organizer said in anonline statement. Itwill discuss ways in which...
Mining Nov 05, 2015 Rapaport News
Botswana Flag
Botswana 3Q Rough Exports Drop 41%
Exports of rough diamonds from mines in Botswana fell 41percent to $531.9 million in the third quarter to September, mirroring disappointingsales at recent De Beers sights.July exports from Botswanan mines were zero, while Septemberexports were low at $173.4...
Mining Nov 03, 2015 Rapaport News
Zimbabwe Flag
Zimbabwe’s Miners Face Higher Taxes to Fund State-Owned Mineral Exploration
Zimbabwe’sminers will be on the hook to pay a higher rate of tax to finance mineral explorationin the country following the setting up of state exploration company, accordingto a fin24 report.“We want to transformthe MMCZ [Minerals Marketing Corporation of Zimbabwe] into...
Mining Nov 02, 2015 Rapaport News
alrosa sm
ALROSA Sees Prices Stabilizing by Year-End
ALROSACEO Andrey Zharkov today said the company expects rough diamond prices tostabilize by the end of the year after falling 15 percent, Bloomberg reported. The company willcontinue to focus on diamond mining and may review...
Mining Oct 13, 2015 Rapaport News
Chidliak Project
Peregrine Diamonds Begins Summer Development Program at Chidliak
Peregrine Diamonds Ltd.'s independent review by Mineral Services Canada Inc., highlighted an approximately 1 million tonne resource expansion opportunity for Chdliak's CH-6 kimberlite. Any resource expansion at CH-6, coupled with the scale of the maiden...
Mining Jul 21, 2015 Jeff Miller
Previous 1 Next
Show articles per page

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
All Content © Copyright 1982-2015 by Martin Rapaport. All rights reserved.  
twitter twitter
About Rapaport
Advertise with us