CEO Dan Mano explains why RapNet became Rapaport Trade – and how the Price List will become truly transparent.
Category: Mining
Revenue for the period down 26%.
Decrease is result of impairment on Ekati mine’s plant and equipment.
Miner also updates joint-venture agreement with De Beers for Gahcho Kué deposit.
Stones failed to find buyers in November due to direct competition with another producer.
Miner sold 549-carat Sethunya and 1,080-carat Eva Star diamonds for $54 million in 2024.
Lucapa processed stockpiled gravel and tailings during closure so output for the period would not decline.
Revenue down 37% in 2024 amid weak global market.
Country revokes 15% levy it reinstated only last month.
Sales down 45% at fourth tender, with like-for-like figure slipping 6%.
Company is making cuts in response to losses from prolonged industry downturn.