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Stornoway 150
Stornoway Prices Continue to Fall
Rough prices slumped for Stornoway Diamond Corporation inthe second quarter, as market weakness dented demand for the miner’s range ofgoods. The average price of the company’s sales slid 18% to $76 percarat in the...
Mining Jul 11, 2019 Rapaport News
A rough diamond
Rough Prices Set for Slump – Analyst
Rough-diamond prices are likely to fall 5% this year asweakness in the industry continues, Panmure Gordon analyst Kieron Hodgson haspredicted. The investment bank has lowered its expectations for themarket, having previously forecast price...
Rough Markets Jul 08, 2019 Rapaport News
Gahcho Kué
Analysts Expect Flat Rough Prices in 2019
Rough-diamond prices will remain sluggish this year as themarket challenges that arose in the second half of last year are set to continue,two investment banks have warned.Prices are likely to drop 1% to 2% in the first half of2019,...
Rough Markets Mar 28, 2019 Rapaport News
Alrosa colored diamond polished
Miners Seeking Profits Beyond Rough
De Beers has been dabbling in the retail end of thediamond industry for more than 15 years, but recently, other miners have begunto follow suit, breaking out of the production box and entering other aspectsof...
Mining Jan 23, 2019 Leah Meirovich
Argyle 150
Diamond Resources Might Not Be Forever
While it’s true that value comes from rarity, no naturalresource lasts forever, and the rare is becoming even rarer. Diamond productionis set to peak in 2019, after which it will begin a steady decline. De Beersestimates global...
Mining Aug 14, 2018 Leah Meirovich
London
Lucapa Closes in on London Listing
Lucapa Diamond Company plans to obtain a stock-exchangelisting in London by the end of the year as it aims to lure key investors forits mining operations.Managers have visited London to make presentations topotential investors and outline development plans for...
Mining Jul 19, 2017 Rapaport News
ABN AMRO
ABN AMRO Forecasts Polished Price Recovery
ABN AMRO predicted polished diamond prices will increase nextyear as it expects improved economic conditions to boost U.S. and Chinese demand.U.S. jewelry consumptionwill grow amid a stronger labor market and rising housing prices, the...
Polished Markets Dec 05, 2016 Rapaport News
Rough loupe
Analyst Warns of Rough Price Pressure
New diamond mines may force rough prices down next year becauseof increased supply, according to Panmure Gordon.Three mines in Canada will enter the rough market early nextyear: Firestone Diamonds’ Liqhobong mine, Stornoway...
Mining Nov 21, 2016 Rapaport News
Letseng
Severe Snow Disrupts Letšeng Mine Operations
GemDiamonds said operating costs may rise as severe snowfall and winds have restrictedaccess to its Letšeng mine in Lesotho. The company maintained its productionguidance for the year but cautioned it may need to re-assess its...
Mining Aug 10, 2016 Rapaport News
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