IDEX Online - Rough Market Rough Market
- African Producers Hit out, as India Takes KP Chair
on 31 December 2025 at 5:00 amAfrican diamond producers have reacted angrily to India's last-minute selection as chair of the Kimberley Process (KP), claiming it will retain the status quo and do nothing to help them. The African Diamond Council (ADC), representing 18 member countries...
- Diamond Slump Hits Botswana's GDPon 30 December 2025 at 3:00 pm
Botswana's government is forecasting a contraction of almost 1 per cent in its economy for 2025, amid an ongoing slump in diamond sales. "The macroeconomic outlook for the whole of 2025 remains fragile, with GDP projected to contract by 0.9 per cent...
- Government Extends Tax Relief for Diamond Mineson 30 December 2025 at 4:00 am
Diamond miners in Canada's Northwest Territories (NWT) are to receive an additional year of tax relief in a bid to ease financial pressures and protect jobs. The NWT government announced (on 22 December) that it would be extending the property tax ...
- Alrosa Unearths Bauble and Puppy Diamonds for Christmason 29 December 2025 at 4:00 am
Miners at Alrosa unearthed two "Christmas diamonds" - one shaped like a bauble, the other like a puppy. Both rough gems were found at the Severalmaz processing plant, part of the Lomonosov deposit, in Arkhangelsk region, northwestern Russia. The diamond ...
- India to Chair KP, Ending Year-Long Impasseon 28 December 2025 at 3:00 am
India is to chair the Kimberley Process (KP) from 1 January 2026, ending more than a year of politically fraught deadlock. The UAE chaired KP for a second year during 2025 - an unusual occurrence - after members failed to agree on a successor at the...