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Watches of Switzerland
Watches of Switzerland to Go Public
Watches of Switzerland will proceed with an initial publicoffering (IPO) on the London Stock Exchange in an effort to reduce its debt and support growth.The UK-based luxury-watch retailer plans to raise approximately GBP 155million ($201.6 million) by selling...
Retail May 13, 2019 Rapaport News
Stellar Baoulé mine Guinea
Stellar Shares Fall After Funding Deal
Trading resumed in Stellar Diamonds’ shares on Mondayfollowing a six-month suspension, after the company completed fundraising for amining project in Sierra Leone.The issue of 5.9 million new shares at a price of $0.07 (GBP0.055) per share will raise...
Mining Feb 27, 2017 Rapaport News
Lace Diamond Mine DiamondCorp
Lace Diamond Mines Put into ‘Business Rescue’
DiamondCorp subsidiary Lace Diamond Mines (LDM) has beenplaced into “business rescue,” after severe weather forced the company to haltproduction and request a suspension of its shares.DiamondCorp said November 14 it is consulting abusiness-rescue practitioner and on November...
Mining Nov 16, 2016 Rapaport News
Signet Jewelers
Signet Plans to Delist from London Stock Exchange
Signet Jewelers announced it plans to delistfrom the London Stock Exchange (LSE) because of a lack of liquidity for its shares onthe bourse and to streamline administration and cut costs associated with maintainingtwo listings.The U.S.-based jewelry...
Financial-Legal Feb 16, 2016 Rapaport News
Paragon Diamonds
Paragon’s Nominated Adviser Quits as London Shares Remain Suspended
Paragon Diamonds, listed on London’s Alternative Investment Market, announced its nominated adviser and broker resigned with immediate effect following the suspension of trading in the miner’s shares earlier this month. Northland Capital Partners...
Mining Nov 26, 2015 Rapaport News
Rio Tinto
Rio Tinto Edges Closer to Diamond Unit Flotation
Rio Tinto is in the process of developing plans with its advisers at Morgan Stanley to raise up to $380.8 million (GBP 250 million) through a separate listing of the company's diamond division on the London Stock Exchange (LSE).Sources close...
Mining Jun 03, 2013 Deena Taylor
Cullinan Mine
Petra Diamonds' Revenue Narrows From Rough Price Declines
Petra Diamonds reported that its revenue for the period July to December 2011 was $23 million below expectations due to declining rough diamond prices. Petra warned that global economic uncertainty may continue...
Rough Markets Dec 20, 2011 Avi Krawitz
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