IDEX Online - Rough Market Rough Market
- Botswana and Angola in Race for De Beers
on 10 November 2025 at 9:00 amMining ministers from Botswana and Angola met on Friday (7 November) as both countries seek control of the loss-making De Beers diamond company. It remains unclear if they'll go head-to-head in a bidding war, with each vying for a majority share...
- Russia Doubles Rough Exports to India in Auguston 9 November 2025 at 1:00 pm
Russian exports of rough diamonds to India more than doubled during August, according to India's Ministry of Commerce and Industry. They surged by 134 per cent to $31.3m compared with sales for the same period in 2024, reflecting a significant short-term....
- Star Diamond Revives Fort a la Corne Planon 9 November 2025 at 5:00 am
Junior miner Star Diamond has secured funding to revive plans for a possible mining operation in the Canadian province of Saskatchewan. Diamonds were first discovered, at the Fort a la Corne provincial forest, a remote area northeast of the c...
- Burgundy Production Halves as it Halts Open-Pit Miningon 6 November 2025 at 6:00 am
Burgundy Diamond Mines reported a steep decline in the number of carats recovered and sold during Q3 as it battled a challenging market and the impact of US tariffs. Production for the quarter was down 51 per cent year-on-year to 610,000 carats,...
- Alrosa Sales Dip, but Catoca Sale Boosts Profiton 6 November 2025 at 5:00 am
Alrosa reported a 5.7 per cent dip in revenue for the first nine months of 2025, down to RUB 157 bn (USD 419m). The Russian state-controlled diamond mining company, continues to face headwinds from reduced sales volumes and lower price levels....