IDEX Online - Rough Market Rough Market
- Hundreds Laid off at Zimbabwe Diamond Mineson 15 July 2025 at 4:00 am
Zimbabwe's state-controlled diamond miner has laid off hundreds of workers as part of cost-cutting measures aimed at keeping the company afloat. There are conflicting reports over the actual number. Around 200 staff at the Zimbabwe Consolidated...
- Retailer Buys Canadian Diamond Projecton 14 July 2025 at 5:00 am
Canadian retailer Arctic Blue has bought a controlling interest in the WO Diamond Project, in Northwest Territories, where explorations are at an advanced stage. Arctic Blue Diamonds Ltd, a private diamond company that specializes in the rare blue...
- Another Sharp Dip in Mountain Province Saleson 13 July 2025 at 8:00 am
Canadian miner Mountain Province reported a 36 per cent drop in rough sales for Q2, the three months to 30 June, down USD 26.6m. It follows a severe decline the previous quarter, when sales from its Gahcho Kue mine were down by 54 per cent....
- Alrosa Starts Mining at New Kimberlite Pipeon 10 July 2025 at 5:00 am
Alrosa has started operations at additional kimberlite pipe at its Lomonosov deposit, one of the largest diamond mines in Russia. The state-run miner said on Tuesday (8 July) that the Karpinsky-2 pipe, one of six at Lomonosov, held more than 40m tonnes of...
- $17m Diamond Heist: Namdia Criticized over New Securityon 9 July 2025 at 5:00 am
A Namibian member of parliament has criticized security arrangements made at Namib Desert Diamonds (Namdia), following a $17m armed raid in January. Job Amupanda claims the state-owned diamond marketing company subsequently appointed ...