Desmond diamond mine return ‘disappoints’ BlackRock
Significant US investor shrinks stake after tough year for sector
Giant US investment firm BlackRock says the performance of Mountain Province Diamonds has “disappointed the market” and has trimmed back its stake in the Dermot Desmond-backed company.
The comments came from the annual report by Ian Cockerill, the chairman of BlackRock World Mining Trust – a division of the investment giant – who said “2018 was a disappointing year for the mining sector” and that BlackRock’s “diamond exposure has continued to disappoint, with...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Out of Office: National Cyber Security Centre to get additional €2.5 funding and 20 new roles
The business news you might have missed, all in one place
Content is king – just ask Netflix as rivals attempt to steal its crown
A WarnerMedia-Discovery deal puts the spotlight on streaming wars as around 100 platforms vie for the attention of often fickle audiences
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures