Financial News
Alrosa’s Sales Total $306 million in August 2021
For the eight months of 2021, total rough diamond and polished sales totaled $2.976 billion
15.09.2021
Dubai: TAGS’ Rough Tender Enjoys “Extraordinarily Strong Demand’
TAGS sold all of the 18,655 carats on tender
Trans Atlantic Gem Sales (TAGS), which held a rough tender in Dubai last week, raked in around $30 million by selling all of the 18,655 carats on tender, IDEX Online reports.
The company said that all qualities and sizes were in “extraordinarily strong demand […] especially single stones and exceptional specials”. Goods from South Africa, Namibia and Angola “achieved record pricing across all ranges. First-time customers from Israel also attended, according to the report.
In May, TAGS sold 45,000 carats of rough in Dubai for $18 million.
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Petra Sells Two Cullinan Diamonds for $13.5 Million
Petra also retained a 50% interest in the polished proceeds of both diamonds02.09.2021 - Financial News
Despite Covid, Michael Hill’s Profit Soars in FY2021
Michael Hill lost 10,447 store trading days in FY21, but its bottom line wasn’t hurt29.08.2021 - Financial News
Gem Diamonds’ Revenue Fall Slightly in H1
While revenues were slightly down, production was up in Letseng29.08.2021 - Financial News
Alrosa’s Q2 Profit Up 26% as Market Recovers “Faster than Predicted”
Alrosa raked in a net profit of $411 million in Q226.08.2021
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