Edition:
United States

Brenton Cordeiro

Emerald miner Gemfields reports 7 pct fall in prices at Lusaka auction

Apr 22 2013

April 22 Emerald miner Gemfields Plc reported a 7 percent decline in average per-carat prices at its lower-quality gemstone auction earlier this month, hurt by a recent directive by the Zambia government that prevents the overseas sale of gemstones mined in the country.

Premier Farnell says 2013 off to positive start, shares up

Mar 21 2013

British electronic parts distributor Premier Farnell Plc's full-year earnings fell about 15 percent, hurt by weakness at its U.S. operations, but the company's stock rose after it said 2013 had begun on a positive note.

Britain's largest coal mine to close after fire

Mar 07 2013

Britain's largest coal mine will close permanently with the loss of at least 550 jobs due to a fire that has burned ferociously for two weeks, mine owner Coalfield Resources said.

De Beers sees glimmer of hope for hard-pressed diamond market

Feb 15 2013

A more positive outlook in China and India will help boost diamond sales this year, says De Beers, the world's biggest diamond producer, in a further sign the world economy is on a slow path to recovery.

De Beers sees glimmer of hope for hard-pressed diamond market

Feb 15 2013

A more positive outlook in China and India will help boost diamond sales this year, says De Beers, the world's biggest diamond producer, in a further sign the world economy is on a slow path to recovery.

Aquarius Platinum reins in costs, shares rise

Feb 08 2013

Aquarius Platinum reported a 24 percent drop in core profit for the first half, but said it was able to bring down costs by about a third, sending the miner's shares up as much as 10 percent.

Aquarius Platinum reins in costs, shares rise

Feb 08 2013

Feb 8 Aquarius Platinum reported a 24 percent drop in core profit for the first half, but said it was able to bring down costs by about a third, sending the miner's shares up as much as 10 percent.

Flybe axes 300 jobs to revamp UK business

Jan 23 2013

British carrier Flybe Group Plc said it would cut about 300 jobs, or about 10 percent of its UK workforce, joining other European airlines that have cut costs and headcount to cope with lower spending on air travel amid the euro zone debt crisis.

Gemfields buys Faberge to create gem champion

Nov 21 2012

LONDON Gemfields is to buy luxury jeweler Faberge from one of the colored gem miner's own shareholders, in a deal valuing the maker of lavish Easter eggs for Russia's last tsar at $142 million.

Melrose says order delays make 2013 outlook uncertain

Nov 16 2012

LONDON Engineering group Melrose Plc warned of a slowdown particularly in the energy businesses which account for about half its operating profit, sending its shares down as much as 16 percent to a 10-month low.

World News