25 September 2017
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NEWS Financial
DOMINION Q2 RESULTS ‘SOLID’
07 September 2017

Dominion Diamond Corporation has published its second quarter operational and financial results, reporting sales of US$239.8 million for Q2.

ALROSA’S IFRS H1 2017 RESULTS: OVERALL WEAKER PERFORMANCE
03 September 2017

Russian mining company Alrosa has released its IFRS financial results for the first half of 2017, reporting revenue of RUB 155.6 billion (US$2.71 billion), down 16.7 percent when compar...

LOAN DEFAULTS BY INDIAN DIAMOND COMPANIES
31 August 2017

Media reports indicate that two Indian-owned diamond companies, identified as Interjewel Pvt Ltd. and Ankur Diamonds, have gone bankrupt, leaving unpaid bank loans and other debt to cre...

SIGNET Q2 SALES: $1.4 BILLION
24 August 2017

Diamond jewelry retailer Signet Jewelers Limited (Signet) has announced its results for the 13 weeks (second quarter Fiscal 2018) ended July 29, 2017, reporting total sales of US$1.4 bi...

ANGLO’S INTERIM RESULTS POSITIVE; DIVIDEND PAYMENTS TO RESUME
27 July 2017

Global mining company Anglo American plc (Anglo) has released its interim financial results for 2017 which show overall positive performance for the company for the first half of 2017

NEWLY-FORMED ‘DE BEERS VENTURES’ WILL INVEST IN START-UPS
25 June 2017

De Beers has announced that it has created ‘De Beers Ventures’, an initiative formed to actively consider small investments in start-ups and growth companies.

SDIX TO TRIAL BLOCKCHAIN FOR DIAMOND TRADING
15 June 2017

The Singapore Diamond Investment Exchange (SDiX) has announced that it has entered into partnership with Kynetix and Everledger to complete the first part of a Proof-Of-Concept of a blo...

ALROSA Q1 FINANCIAL RESULTS: REVENUE DOWN 17% Y-O-Y
28 May 2017

Russian mining company Alrosa has released its IFRS financial results for the first quarter of 2017 (Q1 2017), reporting revenue of RUB 84.8 billion (US$1.5 billion).

AWDC ACCUSES BELGIAN BANKS OF UNREASONABLE DISCRIMINATION AGAINST THE DIAMOND INDUSTRY
02 April 2017

The Antwerp World Diamond Centre (AWDC), the Belgium diamond industry’s umbrella organization, has issued a statement strongly criticizing the local banks’ apparent refusal to make bank...

TIFFANY FULL YEAR RESULTS: WORLDWIDE NET SALES DOWN 3%
21 March 2017

Tiffany & Co. has published its financial results for the full year (Fiscal 2016) and the three months ended January 31, 2017 (Q4), reporting a 3 percent decline in the company’s worldw...

PETRA REPORTS H1 2017 RESULTS: DIAMOND PRODUCTION UP 24%; REVENUE UP 48%
24 January 2017

Diamond mining and exploration company Petra Diamonds Limited (Petra) has released its trading update for the first six months of the company’s fiscal 2017 ended 31 December 2016 (H1 20...

SHRENUJ LIQUIDITY PRESSURES TEMPORARY, SAYS COMPANY SPOKESPERSON
27 November 2016

Indian diamond and jewelry manufacturing company Shrenuj and Company (Shrenuj) has reportedly had its De Beers’ sight suspended, as the company faces some financial pressures.

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