Shares at AIM-listed diamond producers BlueRock Diamonds (LON:BRD) have surged almost 7% after the company released an optimistic Q4 and FY production update, citing “strong results in a challenging year” as its processed tonnes increased by 25% year-on-year. Despite its mine being closed due to COVID-19 for a period of 50 days starting on 24 […]

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Things have not gone to plan this year for BlueRock Diamonds (LON: BRD) but it has used the mining shutdown to enhance the original strategy. Overheads will be spread over a much larger operation, enabling BlueRock to become cash generative. South African diamond miner BlueRock acquired a second, recently refurbished processing plant for £620,000 earlier […]

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Anglo American plc (LON:AAL) have told the market that diamond sales have fallen across its’ second sales cycle in 2020. The firm noted that the ongoing wave of coronavirus may have played a part in the declining sales, however shares have seen a lift on Wednesday. Across their second 2020 cycle, Anglo American said that […]

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Diamond exploration and mining company Lucara Diamond Corp (TSE: LUC) posted a mixed set of results during Q3, and subsequently revised its revenue outlook towards the lower end of its full-year guidance. During Q3, the Company accrued $45.3 million of revenue, down marginally from $45.7 million year-on-year. Further, Lucara Diamond Corp’s year-to-date EBITDA was also […]

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Mining multinational Anglo American Plc (LON:AAL) has seen its share price rally in morning trading following its announcement that its plans to construct a new diamond recovery vessel had been approved. Strong start continues The world’s largest provider of platinum was already reeling after it announced an extension to its dividend in February this year, […]

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