Polished diamond prices softened in July continuing the downtrend in the second quarter. Diamond markets were seasonally quiet with U.S. wholesalers taking their annual summer vacation. Overall polished demand remains weak. The RapNet Diamond Index (RAPI™) for one carat diamonds fell 1.7 percent in July.…
AngloGold Ashanti regrets to announce the death of two employees, a Rock Drill Operator and a Crew Supervisor, who were fatally injured in fall of ground and tramming incidents at Kopanang and TauTona Mines this week. The Department of Mineral Resources (DMR) was notified of…
AngloGold Ashanti will release results for the six months ended 30 June 2016 (“the period”) on the Johannesburg Stock Exchange News Service on 15 August 2016. With reference to the Listings Requirements of the JSE Limited, issuers are required to publish a trading statement…
Polished diamond prices declined slightly in May with buyers waiting for the Las Vegas shows. Trading at the JCK Las Vegas show, which took place June 3 to 6, was relatively weak with traffic slower than previous years. The RapNet Diamond Index (RAPI™) for 1-carat,…
JCK Las Vegas Jewelry Show - June 6, Monday, 8:00-10:00 am May 25, 2016, Las Vegas - Rapaport is sponsoring a town hall meeting that will provide an open forum for members of the jewelry trade to respectfully debate the pros and cons of synthetic…
AngloGold Ashanti today announced strong free cash flow in the first quarter as an ongoing focus on cost management, and leverage to weaker currencies, yielded positive results and improved margins. Free cash flow was $70m, a marked improvement to the outflow of $40m in the…
Polished diamond trading slowed in April due to sluggish demand at the start of a seasonally-quiet period. Sentiment weakened as the positive momentum from the first quarter failed to gain traction. Supplies significantly increased due to high rough sales and polished production in the first…
(JOHANNESBURG – NEWS RELEASE) – AngloGold Ashanti regrets to announce the death of two employees who were fatally injured after a series of seismic events, the largest measuring 3.5 on the Richter scale, at its Savuka Shaft. The Department of Mineral Resources has been notified…
April 5, 2016, New York ... Polished diamond prices were stable in March supported by steady dealer trading even though the outlook for consumer demand remains uncertain. In the first quarter, sentiment improved as polished prices rose and profitability increased on select new production. The…
Rapaport Auctions closed its auction last week at the Hong Kong show achieving $12M for over 80,000 carats. The auction consisted of hundreds of parcels of recycled and finely assorted premium quality diamond parcels in all shapes, qualities and sizes. The diamonds were sourced from…