CEO Dan Mano explains why RapNet became Rapaport Trade – and how the Price List will become truly transparent.
Category: Mining
Company also owns the Braúna deposit in Brazil.
Company reports deficit of $24.7 million, compared with profit of $4.9 million a year ago.
Miner now expects revenue of up to $160 million versus its previous $195 million to $225 million.
Revenue down 42% year on year in first quarter.
Lulo mine sales up 6% despite temporary shutdown due to blockades.
Rough sales fall 38% year on year in first quarter.
Company held off sale of better goods due to tariff uncertainty.
Figures down by more than half for first quarter, as miner processed only stockpiled ore.
Rough production up 27% versus same period of 2024 in first quarter.
Deposit had 249,000 carats of extractable material at end of 2024, up 9% from 2023.