IDEX Online - Rough Market Rough Market
- Production Ends at Diavik, after 23 Years and 150m carats
on 29 March 2026 at 8:00 amDiamond production at the Diavik mine, in Canada's Northwest Territories, came to an end last week after 23 years. It produced over 150 million carats during its lifetime, more than either of NWT's other mines - Ekati (owned by Burgundy) and Gahcho Kue...
- Alrosa says Diamond Prices are Increasingon 25 March 2026 at 7:00 am
Alrosa says prices for its higher-value diamonds are rising, as supply shortages begin to reverse a long-term decline in both rough and polished goods. Russia's state-controlled miner says prices for investment grade goods (2cts to 10cts) increased by...
- De Beers Slashes Number of Sightholderson 22 March 2026 at 7:00 am
De Beers has reportedly slashed the number of sightholders who can buy their goods by as much as a third, as it seeks to consolidate supply among a small core of stronger buyers. The number of sightholders is understood to have been reduced from 69 ....
- South Africa's New Guidelines to Boost Domestic Polishingon 18 March 2026 at 5:00 am
South Africa has introduced new guidelines to retain more economic value from its rough diamonds by promoting local cutting and polishing, rather than exporting goods unprocessed. Around 90% of its rough diamond production is currently sold abroad...
- Gem Loss Widens as Mine Value Slashed by $77mon 18 March 2026 at 12:00 am
Gem Diamonds swung to an annual loss before exceptional items of $9.1m in 2025, compared with a profit of $8.1m in 2024. A depressed rough diamond market and weaker US dollar against the Lesotho loti triggered a $77.5m impairment to the ...