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 is sixth largest recovered from deposit.
Drop in sales and jump in diesel prices affected bottom line in first half.
Drop in sales and jump in diesel prices affected bottom line in first half.
Gem Diamonds’ sales of high-value rough from its Letšeng mine in Lesotho fell in the first half amid a decline in the average price.
Figure drops 4% amid decline in average price.
Lucara Diamond Corp.’s profit more than doubled year on year in the second quarter amid strong demand.
net profit rose 1% year on year to CAD 22.6 million ($17.6 million) in the second quarter as the global diamond market rebounded and rough prices firmed.
Australia-based Burgundy Diamond Mines has signed a two-stage agreement to provide polished fancy-color diamonds to prominent Perth jeweler Solid Gold Diamonds.
Lucapa Diamond Company’s revenue fell 36% year on year to $21.8 million in the second quarter, reflecting an unfavorable comparison with last year’s sales surge.
Lucara Diamond Corp. cofounder Lukas Lundin died last week at the age of 64 following a two-year battle with brain cancer.
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