Rio Tinto, announcing its financial results for the year 2019, revealed that sharp declines in both revenue and earnings from its diamond business resulted in the segment reporting a net loss of US$ 21 million for the year, a steep drop when compared to the profit of US$ 118 million it reported a year earlier. […]

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Announcing its results for the quarter ended September 30, 2019 (Q3 2019) Lucara Diamond Corp. reported total revenue of US$45.3 million for the period against revenue of US$45.7 million recorded Q3 2018. This was raised from the sale of 116,200 carats of rough diamonds as compared to the sale of 101,600 carats of rough diamonds […]

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