Gem Diamonds Sees Strong Revenues Growth At Let?eng Mine
29th Jul 2014 10:12
LONDON (Alliance News) - Gem Diamonds Ltd Monday said it has increased its recovery rates in its first quarter and it saw a 70% average sales price hike during the period. The diamond producer said its diamond recoveries increased 39% to 26,055 carats for the three months ended March 31 com Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS HSBC PRICE TARGET TO 630 (665) PENCE - 'NEUTRAL' <br />----------<br />LBBW CUTS HSBC PRICE TARGET TO 650 (690) PENCE Read More
LONDON (Alliance News) - UK shares have opened mostly higher Thursday ahead of interest-rate decisions by the Bank of England and European Central Bank and amid tentative signs of reduced tensions in Ukraine.<br /><br /><strong>BT</strong> and <strong>Barclays</strong> lead the FTSE 100 at the Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JPMORGAN RESUMES STANDARD LIFE WITH 'OVERWEIGHT' <br />----------<br />CANACCORD CUTS ABERDEEN ASSET MANAGEMENT TARGET TO 460 Read More
LONDON (Alliance News) - Gem Diamonds Ltd Tuesday said its pretax profit increased in its full-year as revenues improved on higher carat pricing during the period. The high-value diamond producer said its pretax profit increased 15% to USD58.9 million from USD51.0 million the previous year Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES AB FOODS PRICE TARGET TO 1820 (1750) PENCE - 'SELL' <br />----------<br />GOLDMAN CUTS G4S PRICE TARGET TO 175 Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning and Monday:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />LIBERUM RAISES AGGREKO PRICE TARGET TO 1735 (1500) PENCE - 'HOLD'<br />----------<br />BERENBERG RAISES CENTRICA TO Read More
LONDON (Alliance News) - Gem Diamonds Ltd Wednesday said the sale of two diamonds of over 160 carats has made a total of USD13.5 million. The high-value diamond producer said the diamonds, which were recovered from the company's Letseng Mine in Lesotho, were sold in the company's February t Read More
LONDON (Alliance News) - Shares have opened mostly lower Wednesday with small-caps out-performing large caps, following Tuesday's relief rally from lowered Ukraine tensions.<br /><br /><strong>Standard Chartered</strong> has reported lower 2013 profit and a 15% reduction in its bonus pool, whi Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERNSTEIN CUTS RSA INSURANCE PRICE TARGET TO 115 (130) PENCE - 'OUTPERFORM' <br />----------<br />CITIGROUP CUTS RSA INSURANCE P Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />CITIGROUP RAISES SPORTS DIRECT PRICE TARGET TO 900 (815) PENCE - 'BUY' <br />----------<br />CITIGROUP RAISES VODAFONE PRICE T Read More
LONDON (Alliance News) - Gem Diamonds Ltd Thursday said it has recovered two diamonds of over 160 carats from its Letseng Diamonds Ltd site in Lesotho. The high-value diamond producer said it recovered the diamonds at the end of January, and both diamonds were uncovered in largely undamaged Read More
LONDON (Alliance News) - The market is dissecting the <strong>Lloyds Banking</strong> Group earnings statement early Thursday. The state-controlled bank said it swung to profit in 2013, while confirming its intentions to restart paying a dividend and to sell off more of the UK government's sha Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning and Tuesday afternoon:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JPMORGAN RAISES WOLSELEY PRICE TARGET TO 3800 (3550) PENCE - 'OVERWEIGHT' <br />----------<br />JPMORGA Read More
LONDON (Alliance News) - Gem Diamonds Ltd Tuesday said it has achieved an 83% revenue increase in the fourth quarter 2013 at its 70%-owned Letseng Diamonds Ltd site in Lesotho, but revealed that an employee has died at its Ghaghoo Mine in Botswana. The high-value diamond producer with opera Read More