Tag archives for Jewellery - Page 5
PANDORA Q2 Revenue +12% To $761M, But US Market Remains Challenging
Copenhagen-based mass-market jewellery brand PANDORA reported a 12 percent year-on-year growth in revenue to $761 million (DKK billion), while pre-tax earnings of $ million (DKK billion), translating to a percent…
ALROSA Seeks Missing Miners Through Drill Holes In Open-Pit Side
Rope access rescue teams at ALROSA’s Mir mine in Yakutia are now trying to locate the eight miners still missing after the underground mine flooded via drill holes in the…
$2B Joyalukkas Group Plans $94M Indian Retail Expansion To 81 Doors
The privately held Joyalukkas group, a chain retailer with 66 stores in India and 64 overseas outlets — primarily in Middle East markets — announced it would undertake a ₹600…
Gemfields Reviewing Future Plans In Light Of Record Debt
Coloured gemstone producer Gemfields, which has been delisted from the London Stock Exchange’s Alternate Investment Market (AIM) and is now a subsidiary of Pallinghurst Resources, says it is in the…
Eight Workers Still Missing At ALROSA’s Flooded Mir Mine
There was no news forthcoming on Monday, on the fate of eight miners still trapped in Russian mining major ALROSA’s Mir diamond mine in Yakutia. Water leaked into the underground…
Anglo American, De Beers Ink Pact To Help Botswana Diversify Economy
Anglo American, De Beers Botswana (Debswana) and De Beers Global Sightholder Sales have together signed a memorandum of understanding (MoU) with the Botswana government to help that country diversify its…
Zimbabwe High Court Halts ZCDC Operations Over Environmental Clearance
The Zimbabwe High Court ordered the state-owned Zimbabwe Consolidated Diamond Company (ZCDC) to immediately stop all mining operations until it had been issued a Environmental Impact Assessment (EIA) certificate. The…
Jewellery Segment Nearly Doubles Titan Q1 Profit To $37M
Titan, the jewellery and watchmaker owned by the giant Tata group, reported a net profit of ₹238 crore ($ millioin) for the first quarter ended June 30, nearly double the…
Rio Tinto Diamonds H1 Net Earnings -13.6% To $19M On Revenue Of $340M
Rio Tinto reported net earnings of $19 million on gross revenue of $340 million from its Diamond mining operations over the first six months of this calendar year. This is…
De Beers To Hold More Polished Diamond Auctions In August
De Beers today announced that its Auction Sales business will run further polished diamond auction events in August, following the success of the initial events in late June. The next…