IDEX Online - Rough Market Rough Market
- S&P Cuts Mountain Province Credit Rating
on 30 April 2026 at 8:00 amMountain Province's credit rating has been downgraded by S&P, to reflect "a higher likelihood of a near-term default or debt restructuring". The Canadian diamond miner is facing significant debt maturities and financial obligations that it has yet ...
- US Refunding Billions Paid in "Trump Tariffs"on 28 April 2026 at 2:00 pm
The US government has started the refund process for importers who paid a total of $166 billion in "Trump tariffs" that were subsequently outlawed. Diamond and jewelry shipments will be among the first waves of eligible claims handled by..
- Polished Prices Up, Rough Down, says AWDCon 27 April 2026 at 5:00 am
Polished diamond prices increased internationally by 11.6% year-on-year in the first three months of 2026, according to the AWDC (Antwerp World Diamond Centre) as evidence of a "gradual recovery". Rough prices tell a different story, down 27% from $99 per carat...
- Diavik Production Increases in Final Quarter Before Closureon 23 April 2026 at 12:00 am
Rio Tinto reported a year-on-year quarterly increase of 11% in diamond production at Diavik, as the mine halted operations in March after 23 years. The mine, in Canada's Northwest Territories (NWT), produced 1.041 million carats during Q1 2026,..
- Pope Blasts "Extractivism" on Visit to Diamond-Rich Angolaon 21 April 2026 at 5:00 am
Pope Leo XIV addressed exploitation and social injustice in Angola's diamond-rich areas on Monday (20 April) during a 10-day tour of four African countries. He spoke of the damage done by "extractivism" - a clear reference to the country's oil and diamond...