Stornoway Diamond Corporation reporting its results for the quarter ended September 30, 2016 (Q3 FY2016) said that it had made a loss of C$ 15.5 million (C$ 0.02 loss per share basic and fully diluted) compared to a C$ 10.3 million (C$ 0.01 per share basic and fully diluted) net income during the three months […]
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]]>The De Beers Group of Companies has announced the pilot launch of a new service under which the Auction Sales business will offer other midstream diamond companies the opportunity to sell certain types of polished diamonds through its platform. The step has been described as “a new limited scope, business-to-business pilot” in a statement from […]
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]]>In Anglo American’s production update for the third quarter of 2016, the Company reported that De Beers’ diamond production for the period increased by four per cent to 6.3 million carats compared with the third quarter of 2015 “when production was reduced in response to the prevailing trading conditions”. In terms of production details of […]
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