CEO Dan Mano explains why RapNet became Rapaport Trade – and how the Price List will become truly transparent.
Category: Mining
Miner estimates 42.9 million tonnes, a 6% increase from earlier report.
Restatement of rough index shows impact of 2025 “stock rebalancing.”
Current and former members of the diamond industry are vying to acquire the miner. How will the sale impact the market?
Production up 11% year on year in first quarter.
Output up 8% at 15.2 million carats.
Diarough and Pluczenik will provide funding in return for a share, insiders say.
Company incurred value markdown of $74 million on property, plant and equipment in 2025.
Increased sales volume and stronger product mix, including 42-carat blue, drive rise.
Miner uses part of funds to pay off previous loan.
Company will continue to manufacture and sell output through at least the end of 2026.