CEO Dan Mano explains why RapNet became Rapaport Trade – and how the Price List will become truly transparent.
Category: Mining
Revenue for third quarter down 40% year on year.
Average value per carat down 13% in first fiscal quarter.
Miner held two during third quarter, garnering a total of $700 million, compared to one a year ago.
Company would mine yellow metal along with diamonds.
Government ups interest in miner to compete with other potential buyers, including Botswana.
Storm Mountain Diamonds is requesting tax breaks and royalty relief from the local government.
Miner launches rights issue to keep business afloat.
Illegal miners marched on site gate and attacked authorities, company says.
Burgundy Diamond Mines seeking over $100 million amid challenging market.
Production up 110% year on year in third quarter.