News

Advanced Search

Market Comments 4/1/2010

Apr 1, 2010 6:00 PM  
Email Email Print Print Facebook Facebook Twitter Twitter Share Share
Trading centers quiet due to Passover and Easter holidays. ALROSA 1Q production -7.6% to 8.5m cts with sales of $925m and net profit of $62.2m vs. net loss of $455.6m in '09; planning $882m 5-year bond offering in 2Q. Harry Winston 4Q group sales +13% to $133.7m, operating loss of $3.1m vs. profit of $10.1m the previous year. Finlay sells $1.1m in Feb., net loss at $3.8m. Hong Kong’s Feb. precious metals jewelry exports +51% to $225m, imports +32% to $398m. Diavik mine launches underground operation to help extend life beyond 2020. Johan Rupert takes over as CEO of Richemont.
Tags: , Alrosa, Diavik, Finlay, Harry Winston, Hong Kong, Jewelry, Production, Richemont
Similar Articles
Rapaport TradeWire April 28, 2022
Apr 28, 2022
Industry Retail Mining General April 28, 2022 RAPAPORT MARKET COMMENT News: Market sentiment mixed.
Rapaport TradeWire March 31, 2022
Apr 03, 2022
Industry Retail Mining General March 31, 2022 RAPAPORT MARKET COMMENT Diamond market sluggish due
© Copyright 1978-2022 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.