IDEX Online - Rough Market Rough Market
- Angola and Botswana Join Forces to Defend Natural Diamonds
on 9 September 2026 at 5:00 amAngola and Botswana are joining forces to strengthen the position of natural diamonds in international markets as they seek to counter growing competition from synthetic stones. The two African producers, who jointly account for almost 30% of the...
- Gem Diamonds Returns to Profit as Rough Prices Riseon 7 September 2026 at 4:00 am
Gem Diamonds returned to profit in the first half of 2026 as higher rough diamond prices at its Letseng mine in Lesotho lifted revenue despite lower recovered carat volumes. The company reported attributable profit of $0.6 million for the six months...
- DMCC Creates Dedicated Lab-Grown Divisionon 2 September 2026 at 5:00 am
Dubai Multi Commodities Centre (DMCC) says it has established a dedicated lab-grown diamond division, as trade in the stones almost doubled last year to a record 76.9 million carats. It marks the formal and institutional separation of lab-grown and ...
- US Extends Russian Diamond Import Waiver to 2027on 30 August 2026 at 7:00 am
The 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...