Login

Dominion Diamond Corp: $1.1B takeover bid rejected

Canada-based diamond miner Dominion Diamond Corp has knocked back a $US1.1B, $13.50-a-share take-over bid from The Washington Companies, a diverse, privately-held Missoula, Montana, US-based group of privately held North American mining, industrial and...

24 march 2017

ALROSA has no intention to increase dividends

ALROSA, the world’s largest diamond mining company, said in a statement released on Thursday that it is not going to increase dividend payments up to 75%.

24 march 2017

Rapaport Auctions sells 83,000 carats of diamonds worth $12.5M at Hong Kong March show

Rapaport Auctions, a leading dealer of recycled diamonds, sold over 83,000 carats of polished diamonds for $12.5M at the Hong Kong jewelry show in March.

24 march 2017

Stellar raises £183,751 from placing, short of target

Stellar Diamonds said it conditionally raised £183,751 gross of expenses from 3,340,931 ordinary shares sold at a price of 5.5 pence per share.

24 march 2017

Hari Krishna Group wins two awards at the 43rd GJEPC Awards

Hari Krishna Group has added yet another feather to its cap by winning two awards at the 43rd GJEPC Awards event, which was held at Hotel Trident on 18th March, 2017 here in Mumbai.

24 march 2017

Agarwal’s £2bn gambit could put Anglo American into play

20 march 2017
(miningmx.com) - Anil Agarwal’s £2bn investment in Anglo American shares, giving his trust – Volcan Investments – a 13% stake in the UK-listed firm, was an attempt to flush out rival bidders for Anglo’s assets or buy the South African assets identified by CEO, Mark Cutifani, as non-core, said analysts. “From a strategic point of view, some kind of deal could potentially hand Anglo a solution to their problem of perceived ‘over-weighting’ towards South Africa,” said Paul Gait, an analyst for Bernstein. “It could put Agarwal in a prime position to take the South African assets – the African limb he desires for Vedanta – and allow Anglo American to achieve the kind of South Africa exit that it, in turn, desires,” he said.

Comments

Only registered users can add comments (Register, Login)