IDEX Online - Rough Market Rough Market
- India Approves Landmark Tax Break to Boost Rough Trade
on 22 August 2026 at 2:00 amIndia's parliament has passed a 15-year income tax exemption for foreign companies selling rough diamonds through its Special Notified Zones (SNZs). The move is designed to transform India from the world's leading diamond cutting and polishing...
- GIA Impostor Alert: CVD Rough Made to Mimic Natural Diamondon 17 August 2026 at 4:00 pm
A rough diamond submitted to the Gemological Institute of America (GIA) turned out to be a CVD lab grown that had been deliberately cut to look like a natural stone. The 6.87-carat near-colorless crystal closely resembled a natural rough octahedron, say the ...
- AI Drives China's 65% Surge in Lab Grown Exportson 12 August 2026 at 5:00 am
China's lab-grown diamond exports jumped 65.3% in the first half of 2026, driven in part by rising overseas demand for synthetic stones used to cool high-performance AI chips, official trade data show. The value of lab-grown diamond exports cleared through...
- Lucara Sells World's Second-Largest Diamondon 11 August 2026 at 10:00 am
Lucara has sold the world's second-largest diamond, the 2,488-carat Motswedi, for an undisclosed price. The sale was included in the Canadian miner's second-quarter results, which reported total revenue of $41.0 million for the three months ended June 30...
- Finsch to Close as Small Stone Prices Collapseon 10 August 2026 at 12:00 pm
Petra Diamonds is to close its Finsch mine, in South Africa, blaming a collapse in demand for smaller rough. The decision follows the failure of a business-rescue process to find a viable way to restart mining. Creditors approved a plan on 7 August for the ...