Alrosa Diamond Profits Double
Bloomberg reported OAO Alrosa said profit more than doubled last year after average prices for diamonds surged by 60 percent.
Articles Tagged "Diamond Market News"
Diamond Market Update (May 17, 2012)
A brief overview of diamond price developments, supply and demand, and significant market movers.
Lucara Diamond Announces Annual Results
Lucara Diamond Corp. (TSX:LUC,BOTS:LUC) announced its Annual General Meeting results and shareholder approval for several motions.
Firestone Diamonds Update
Firestone Diamonds plc (LSE:FDI) announced an unaudited operations update for the first quarter of 2012 and changes to its senior management team.
Kerimov Urges Sale of Alrosa
Bloomberg reported Suleiman Kerimov urged the government to offer 51 percent of diamond miner OAO Alrosa under its asset sale program.
Diamond Prices Up in 2012
Reuters reported prices of rough diamonds are expected to rise this year after a turbulent 2011, driven by recovering consumer demand in the United States and a robust appetite for the gems in Asia.
KKR Looking At BHP, Rio Tinto Diamond Mines
Mineweb reported Kohlberg Kravis Roberts (KKR) is among the bidders for both BHP's and Rio Tnto's diamond mining operations.
Petra Diamonds Production, Prices Rise
Mining Weekly reported Petra Diamonds'(LSE:PDL) more than doubled quarterly production at its Finsch mine in South Africa as the price of rough diamonds also rose.
Rio Tinto Receiving Offers for Diamond Mine
Bloomberg reported Rio Tinto (ASX:RIO,NYSE:RIO) is getting many offers for its diamond project.
Alrosa Produces 550,000 Carats at Catoca Diamond Mine
Bloomberg reported OAO Alrosa’s Catoca diamond mine in Angola produced about 550,000 carats a month in the first quarter.
