IDEX Online - Rough Market Rough Market
- Botswana and De Beers Finally Sign Dealon 30 January 2025 at 6:00 am
Botswana and De Beers have finally signed the sales agreement that was due for renewal back in June 2023. Botswana's new president Duma Boko said terms were finalized on 24 January, according to a Bloomberg news report. "The issue with...
- High Value Recoveries Boost Gem's Revenueon 29 January 2025 at 11:00 am
Gem Diamonds today (29 January) reported a dip in quarterly revenue but a year-on-year increase of 10 per cent, boosted by a flurry of high-value recoveries. The UK-based miner sold $152.8m of rough in 2024, compared to $139.4m in 2023...
- Revenue and Prices Down 20% at Mountain Provinceon 29 January 2025 at 5:00 am
Mountain Province saw revenue and prices both fall by a fifth during what the company said was a "challenging year". The Canadian miner reported total sales of $195.2m during 2024, down from $243.8m in 2023 (all figures USD) from 2.7m carats ...
- Tiger Rules Allow Diamond Mining to Resumeon 28 January 2025 at 5:00 am
India's only mechanized diamond mine is to resume mining, after overcoming environmental concerns from a neighboring tiger reserve. The state-run National Mineral Development Corporation (NMDC), India's biggest iron ore merchant mine...
- Botswana and De Beers "on Brink of Deal"on 26 January 2025 at 9:00 am
Botswana and De Beers are reportedly on the brink of signing a critical and long-awaited sales agreement that was due for renewal back in June 2023. Botswana's new President Duma Boko told reporters last Thursday (23 January) he was hoping...