IDEX Online - Rough Market Rough Market
- US Extends Russian Diamond Import Waiver to 2027
on 30 August 2026 at 7:00 amThe US has extended a waiver allowing limited imports of Russian-origin diamonds until September 2027, a move seen as practical rather than a softening of sanctions. The Office of Foreign Assets Control (OFAC) renewed General License 104B ...
- Alrosa Stockpiles $1.8bn Rough as it Posts H1 Losson 30 August 2026 at 3:00 am
Alrosa attributed its first-half net loss to a weak global diamond market, a strong ruble and slow sales, as unsold rough piled up to record levels, according to full financial results released on August 26. It said inventories of unsold rough now amounted to...
- Ekati Mine Faces Possible Water License Suspensionon 25 August 2026 at 6:00 am
Canada's Ekati diamond mine could be forced to halt all activity if its water license is suspended after a regulator accused it of dumping unauthorized mining material. The Wekeezhii Land and Water Board said its court-appointed receiver ...
- Mountain Province Q2 Losses Widen to $87mon 23 August 2026 at 7:00 am
Mountain Province Diamonds posted a net loss of CAD120.6 million (USD 86.9 million) for the quarter ended 30 June as it faced a sharp drop in diamond prices and unrealized foreign-exchange losses from a weaker Canadian dollar. That's an increase of ...
- Dvash is New Chairman of Okavango Diamond Companyon 23 August 2026 at 4:00 am
Yoram Dvash, former president of the World Federation of Diamond Bourses (WFDB), has been appointed chairman of the board of Botswana's state-owned rough-diamond marketing company, Okavango Diamond Company (ODC). He succeeds...