Financial News

Year-over-year, revenue dropped 35% while sales dropped 5%

Firestone sold 168,612 carats for $10.6 million - an average of $63 per carat

Revenue was down 23% quarter-on-quarter to $61.6 million

Combined 2019 sales to date from Lulo and Mothae have reached $45.9 million

The miner’s diamond sales in January-September 2019 totaled $2.422 billion

De Beers’ 8th sales cycle of 2019 amounted to $295 million - a 39% drop year over year

Diamcor’s sales totaled $569,000, yielding a reduced price per carat of $151

Unrest in Hong Kong and US-China trade war to blame, says Petra

Alrosa hopes that supply-demand balance will not "take too long" to restore

E-Commerce sales totaled $156.9 million - up 4.4% year-on-year

Profit totaled $6.6 million, compared to $26.8 million in H1 2018

Lucapa raked in $1.1 million despite "a challenging period for many diamond miners globally"

The company also recorded a net profit of $564 million for the period

In the first half, worldwide net sales declined 3% to $2.1 billion

De Beers’ diamond sales totaled $503 million in the most recent sales cycle

Gemfield's 26 lots went for an average price of $4.75 per carat

Net profit totaled $200.4 million - 47% less than Alrosa’s profit during Q2 2018

Alrosa sold 99 large gem-quality diamonds weighing 1,532 carats