Page 85 - ராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில் இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Diamonds net - Gem Diamonds Revenue Drops

Gem Diamonds Revenue Drops RAPAPORT. Gem Diamonds reported a decline in first-quarter sales, marking a contrast after a stronger performance in pandemic-hit 2020. Revenue fell 7% year on year to $43.9 million during the three months ending March 31, the company, which owns the Letšeng deposit in Lesotho, said in a trading update Thursday. Sales volume dropped 8% to 26,916 carats. The slump in volume outweighed a 1% increase in the average price to $1,630 per carat. Prices of Letšeng diamonds reflected an improvement in market conditions, with five diamonds selling for more than $1 million each in the first quarter, the miner noted. “Production from the mining mix was not as impressive as the second half of 2020, with fewer large diamonds recovered due to the [nature of the] areas accessed under the mining plan,” said CEO Clifford Elphick. “The mining mix should improve over the coming months as the richer parts of the satellite pit are accessed.”

Rapaport united states incRapaport united statesDiamonds netClifford elphickGem diamondsLetšeng mineApaport newsராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில் இன்க்ராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில்வைரங்கள் நிகர

Diamonds net - Trade Alert: India Covid-19 Crisis

RAPAPORT. India is undergoing a severe Covid-19 crisis that will impact the global diamond trade. India manufactures about 92% of the world’s diamonds. While the Indian government is doing everything possible to support continued diamond manufacturing and exports, shortages and price volatility are expected to intensify over the next few months. This is a good time to support Indian suppliers. The disruption to the supply chain will be significant once current goods being processed by the GIA are put on the market. We anticipate a 30% to 40% reduction in Indian production during the months prior to the holiday season. Our hearts and prayers go out to the Indian diamond community. May they stay safe and recover swiftly.

Rapaport united states incRapaport united statesDiamonds netCorona virusCovid 19Apaport newsராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில் இன்க்ராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில்வைரங்கள் நிகரகொரோனா வைரஸ்

Diamonds net - US Bans Myanmar Pearl Company

US Bans Myanmar Pearl Company RAPAPORT. The US government has placed sanctions on Myanmar Pearl Enterprise, a key state-owned economic resource for Myanmar’s military regime, amid “violent” repression of pro-democracy protests in the southeast Asian nation. The company is a “political subdivision, agency, or instrumentality” of the government in Myanmar, which is also known as Burma, the Department of the Treasury said in a statement Wednesday. The order bans all transactions by US persons that involve any property or interests in the property of “designated or otherwise blocked persons” related to the company, effectively ruling it out from doing any meaningful business in the US.

Rapaport united states incRapaport united statesDiamonds netDepartment of the treasuryMyanmar pearl enterpriseOffice of foreign assets controlApaport newsUs governmentராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில் இன்க்ராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில்வைரங்கள் நிகர

Diamonds net - Lucapa Reports Strong First Quarter

Diamonds net - Lucapa Reports Strong First Quarter
diamonds.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from diamonds.net Daily Mail and Mail on Sunday newspapers.

Rapaport united states incRapaport united statesDiamonds netராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில் இன்க்ராபபோர்ட் ஒன்றுபட்டது மாநிலங்களில்வைரங்கள் நிகர

Diamonds net - US Bans Myanmar Pearl Company

Diamonds net - US Bans Myanmar Pearl Company
diamonds.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from diamonds.net Daily Mail and Mail on Sunday newspapers.