IDEX Online - Rough Market Rough Market
- Petra Diamonds Shares Suspended as Miner Fights for Survival
on 3 November 2026 at 5:00 amPetra Diamonds, once one of the world's largest independent diamond producers, had trading in its shares suspended on the London Stock Exchange on November 2 after failing to publish its annual accounts. Petra is struggling with net debt of $322 million...
- Three Years on, Surat Diamond Bourse is Still 90% Emptyon 3 November 2026 at 5:00 am
The Surat Diamond Bourse (SDB) still has only 300 of its 4,700 offices in operation, almost three years after it first opened for business. The nine-tower complex, which cost $388 million to build, was awarded a Guinness World Record in August 2023 as the ...
- Putin Claims De Beers Wants Closer Cooperation With Russiaon 31 October 2026 at 11:00 am
Russian president Vladimir Putin claims De Beers wants closer cooperation with Russia. He made the statement at the third Russia-Africa summit, on October 28, according to TASS, Russia's state-owned news agency, although there has been no ...
- Government Rescue Plan for South Africa's Diamond Industryon 29 October 2026 at 1:00 pm
South Africa has established a government-industry task team to identify measures to help struggling diamond producers, as falling rough-diamond prices, competition from lab growns and global inflation threaten mines and jobs. The intervention comes ...
- Natural Diamond Industry at 'Defining Moment,' says DMCC Chairmanon 27 October 2026 at 12:00 pm
The natural diamond industry is at a "defining moment", according to DMCC executive chairman Ahmed Bin Sulayem. He called for coordinated action to restore consumer confidence, create new sources of value and address pressures extending well beyond ...