Rapaport Magazine Shifts Focus to the Holidays
The September issue looks at the spending trends, gemstones, and styles shaping retail shopping this festive season.
Category: Mining
Stone from Letšeng mine is seventh over 100 carats since January.
Price per carat comes to just above last sale’s record high.
Type IIa stone is sixth over 100 carats recovered since January.
Stone is fourth over 100 carats this year, and sixth largest from deposit.
Revenue up 70% year on year in first quarter.
Company wants to streamline portfolio and focus on core assets.
Move is part of major changes to simplify parent company's portfolio and deliver growth.
Sales slip 4% amid decrease in top-up payments from HB.
Net income for first quarter down 76% year on year.
Increased sales volume outweighed weaker rough prices.
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