IDEX Online - Rough Market Rough Market
- Tariff Refunds (Eventually) for US Diamond Importers
on 9 March 2026 at 5:00 amDiamond importers in the US can expect refunds, eventually, on reciprocal tariffs paid before they were ruled illegal by the Supreme Court last month. It follows a ruling by a judge at the U.S. Court of International Trade on 4 March ordering...
- Alrosa Profits up 88% Despite G7 Sanctionson 8 March 2026 at 10:00 am
Alrosa reported an 88% jump in its FY2025 profits, as it cut costs, improved efficiency, diversified into gold and benefited from a weaker ruble. Russia's state-controlled miner has been selling rough to India, China and elsewhere since the G7 nations ...
- Lucara's Revenue Normalizes after 2024 Bonanzaon 8 March 2026 at 6:00 am
Lucara's FY2025 revenue fell by almost 22%, reflecting a normalization after the sale of two exceptionally high‑value stones the previous year. In FY2024, the Canada-based miner sold the 549-ct Sethunya and the 1,080-ct Eva Star, both Type IIa...
- Petra's Losses Widen as Revenue Fallson 5 March 2026 at 1:00 pm
Petra Diamonds' first-half net losses more than doubled to $188m, compared to those for H1 FY 2025, as revenue fell, debts increased and the global slowdown in demand for natural demands persisted. But the UK-based miner said it was looking forward ...
- Debswana Seeks New Opportunities in Copper, Platinum, Solaron 4 March 2026 at 3:00 pm
Debswana's board has approved plans for the company to diversify into copper, platinum and solar energy as the slump in demand for natural diamonds persists. The move follows a 46% drop in revenue for 2024 (the latest available figures) and aligns with...