Login

ALROSA’s diamond cutting and polishing to be headed by Pavel Vinikhin

Pavel Vinikhin appointed as Director of DIAMONDS ALROSA – ALROSA’s cutting and polishing division, one of the largest diamond manufacturers in Russia. In fact, he has been managing the enterprise since October 2016 when he was an acting director.

Yesterday

ALROSA posts financial results for H1 2017

On Thursday, ALROSA published a report on financial results for the period of January-June 2017 in line with the Russian Accounting Standards (RAS), from which it follows that the company's profit before tax amounted to 53.5 billion rubles...

Yesterday

De Beers Q2 diamond output up 36pc to 8.7 million carats

Anglo American said De Beers’ rough diamond production leaped 36 percent to 8.7 million carats in the second quarter of the year.

Yesterday

Rapaport Melee Index stable in 2Q

Melee diamond prices remained stable during the second quarter of 2017, with the Rapaport Melee Index (RMI) for small diamonds unchanged at 108.50 for the period.

Yesterday

Angola’s Lulo more than doubles Q2 output, sales

Sociedade Mineira Do Lulo (SML), which is owned by Lucapa, Endiama and Rosas & Petalas produced 4,203 carats of diamonds during the quarter ended 30 June 2017, an increase of 63 percent from 2,581 carats, a year earlier.

Yesterday

US Economic Growth Being Hit By Volatility At Home And Abroad

17 may 2017
(idexonline.com) - Three months into his administration, President Trump appears to be running into reality. Political changes at home are much more difficult to achieve than previously thought. And abroad, there are serious developments and volatility beyond what he might have foreseen. All of that has smudged his palette and, consequently, makes the picture a lot less clear. Following the initial euphoria, US economic growth remains lackluster. And uncertainty as to whether the Trump administration can pass key reforms, despite controlling both the Senate and the House of Representatives, are making markets somewhat edgy. The stock market is looking for evidence that U.S. corporate earnings will remain robust and that policies on tax reform, regulation (or, rather, deregulation) and infrastructure will gain lawmakers' approval.

Comments

Only registered users can add comments (Register, Login)