IDEX Online - Rough Market Rough Market
- De Beers Confirms Bids from Botswana, Angola and Namibia
on 11 January 2026 at 1:00 pmDe Beers has confirmed that Botswana, Angola and Namibia have expressed interest in acquiring equity in the company, along with a number of unnamed business groups. But CEO Al Cook, in an interview with the Reuters news agency last week, declined...
- Karowe's Underground Expansion to Cost $779mon 6 January 2026 at 10:00 am
The underground expansion of the Karowe diamond mine, in Botswana, is set to cost a total of $779m, according to an updated technical report published yesterday (5 January) by Canadian miner Lucara. Operations should begin in the first half of 2028, and the...
- Bow Tie Diamond Could Fetch $124,000on 6 January 2026 at 4:00 am
Alrosa has announced the recovery of a highly unusual rough diamond shaped like a bow tie. The 2.94-carat stone was found by its subsidiary Severalmaz at the Lomonosov deposit, near Pomorye, in Russia's Arkhangelsk region in August, but has only...
- Namibia's Diamond Output Hit by Price Drops and Lab Grownson 5 January 2026 at 3:00 pm
Namibia's rough diamond production fell by 3.5 per cent year-on-year during Q3 2025, as prices fell, demand for lab growns increased and inventories grew. The Bank of Namibia said in its quarterly bulletin that the country's output was 442,000 carats, down...
- India's Voluntary New Code on Lab Grown Termson 1 January 2026 at 3:00 pm
The Indian government has, from today (1 January 2026), introduced a voluntary standard concerning suitable terms to describe lab grown diamonds. The Bureau of Indian Standards (BIS) says the move is designed to enhance consumer transparency...