IDEX Online - Rough Market Rough Market
- US Tariffs: "Existential Threat" to Israel's Diamond Industry
on 30 October 2025 at 12:00 pmIsrael's diamond industry is facing an "existential threat" after the US zero-rated polished diamond imports from the EU, but retained the 15 per cent tariff on Israeli goods. "If tariffs were lifted for Europe, Israel deserves the same," Nissim Zuaretz, president...
- De Beers Rough Sales Triple in Q3on 30 October 2025 at 10:00 am
De Beers sold $700m worth of rough diamonds across its two sights in the three months to 30 September - more than tripling the $213m recorded during the same period last year. In the third quarter of 2024, the company held only one sight, having ...
- Lab Grown Bubble has Burst, says Zeroukion 30 October 2025 at 5:00 am
The lab grown bubble has burst, says Feriel Zerouki, president of the World Diamond Council (WDC), as consumers return to natural stones. She was speaking at the Angola International Mining Conference (AIMC) 2025, held last Wednesday and Thursday...
- Angola Bidding for Majority Stake in De Beerson 27 October 2025 at 4:00 am
Angola is now bidding for overall control of De Beers, with a proposal to buy Anglo American's entire 85 per cent stake, according to Reuters, Bloomberg and other news sources. It's only a month since Diamantino Azevedo, Angola's minister of ...
- US Could Cut India Tariffs from 50% to 15%on 26 October 2025 at 9:00 am
The US is reportedly considering a reduction in its tariffs on exports from India, if it agrees to limit its oil imports from Russia. Both sides are edging closer to a trade agreement that would cut the current 50 per cent tariff to 15 per cent or 16 per cent...