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
Production unsafe following tailings storage facility wall breach and flooding.
Weakened Canadian dollar weighs on earnings despite boost in revenue.
Mining suspended pending investigation into tailings storage breach that resulted in flooding.
Third-quarter results suffered from unfavorable comparison with strong period last year.
Revenue up 10% year on year in third quarter.
Local newspaper claims country likely to sell large stones to partnership between Lucara and HB Antwerp.
Company recorded $1 million in profit, compared to loss of $918,953 in the previous quarter.
Rough sales up 42% year on year in third quarter.
Miner achieves record $110.6 million in third quarter.
De Beers said diamond demand was likely to slow in the coming months amid difficult market conditions.
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