Petra Diamonds Ltd, releasing its figures for the six-month period ended December 31, 2019, said that revenue was down 6% while adjusted EBITDA fell 11% under the impact of a decline in rough diamond prices. It added that this was in addition to a slower start to the calendar year, particularly at Cullinan and the […]
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]]>Petra Diamonds Limited announces the Trading Update for the period from 1 July 2019 to 18 October 2019, covering production and sales from 1 July 2019 to 30 September 2019 that is Q1 FY 2020 & that summary says Q1 production up 1% to 1,082,764 carats over Q1 FY 2019 of 1,068,140 carats and on […]
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]]>Diamcor Mining Inc. yesterday reported the results of its first tender and sale in the Company’s third fiscal quarter ending December 31, 2019. In this first tender, the Company sold 4,033.01 carats of rough diamonds for total gross proceeds of US$424,072.44; thus realising an average price of US$105.15 per carat. “The Company anticipated this lower […]
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]]>Announcing its preliminary (unaudited) results for the year ended June 30, 2019 (FY 2019), Petra Diamonds Limited reported that its revenue of US$ 463.6 million, had decreased by 6% as compared to a revenue of US$ 495.3 million earned in FY 2018; adding that “diamond prices realised by Petra (were) down ca. 5% in line […]
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]]>At the absentee voting on September 10, the ALROSA Supervisory Board approved withdrawal from the share capital of PJSC ALROSA-Nyurba by voluntary liquidation of the company. Consolidation of core assets on the ALROSA’s balance sheet aims at improving efficiency of their management. In the nearest future, the matter of voluntary liquidation will be submitted for […]
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]]>Today Hini Star announced that it will release the first three cuts in its new optical-patterned diamond collection, The OPTICA Seriesä,during Asia’s largest gem marketplace – the Hong Kong Jewellery and Gem Fair –held at the city’s Asia World Expo, September 16-20, 2019. “We are excited to bring this exceptional and innovative collection to our […]
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