IDEX Online - Rough Market Rough Market
- Botswana Mining Boss Warns of Diamond Job Losses
on 1 December 2025 at 4:00 amThe president of the Botswana Mine Workers Union is warning that US tariffs could make matters even worse for a country that has already seen diamond revenues plummet. Joseph Tsimako, representing 10,000 mine workers, fears his members could be...
- BHP Walks Away from Last-Ditch Bid for Anglo Americanon 26 November 2025 at 12:00 pm
Mining giant BHP has walked away from a last-ditch attempt takeover bid for Anglo American, parent company of De Beers. It announced on Sunday (23 November) that it was "no longer considering a combination of the two companies". Melbourne-based...
- Okavango Parts Company with its Managing Directoron 26 November 2025 at 10:00 am
Botswana's Okavango Diamond Company (ODC) is parting company at short notice with its managing director Mmetla Masire. The government-owned rough diamond marketing company said in a statement that the separation was "an amicable and...
- Sarine Reports 27% Drop in Revenueon 25 November 2025 at 10:00 am
Sarine reported a 27 per cent drop in revenue for the first nine months of this year, primarily as a result of the popularity of lab growns among US consumers. The Israel-based diamond tech company said earnings for January to September were $22.3m,...
- Diamonds from 15-Year Dispute are Finally Soldon 25 November 2025 at 5:00 am
The majority of the diamonds from a 15-year long legal dispute in Zimbabwe were finally sold last week, raising a total of $1.09m at a TAGS tender in Dubai. Vast Resources said the initial parcel of 126,677.50 carats contained a mix of quality gem, low-grade...