IDEX Online - Rough Market Rough Market
- Mountain Province Sales Up, Prices Downon 22 October 2024 at 9:00 am
Mountain Province saw third quarter sales rise 12 per cent to $50.8m, as prices remained "largely stable". The Toronto-based miner said that unlike many rough suppliers it hadn't canceled or postponed either of its two sales during the period...
- Buyers "Highly Positive" as TAGS Sells $12.9m Specialson 18 October 2024 at 10:09 am
Trans Atlantic Gem Sales (TAGS) and Sodiam raised $12.9m from the sale of 42 specials at their latest tender. TAGS said the the response from buyers in Luanda, the Angolan capital, was "highly positive," despite current challenges in...
- De Beers "to cut Sightholder Numbers"on 15 October 2024 at 11:00 am
De Beers is reportedly planning to further cut the number of sightholders. The UK-based has steadily reduced the number from an historic peak of 350 to a current total of just over 60. That number is to be further reduced, as of January 2026...
- Global Supply of Diamonds has Peakedon 13 October 2024 at 1:00 pm
The supply of natural diamonds globally has peaked, Moses Madondo, CEO of De Beers group managed operations, told a conference in South Africa. Production is declining, with a number of mine closures on the horizon, he said, but no new ...
- Lucara Sells Digital Sales Platform to ex-CEOon 8 October 2024 at 8:00 am
Canadian miner Lucara has sold Clara, its digital sales platform, to former CEO Eira Thomas and a group led by the Vancouver-based HRA Group of Companies. The move gives Clara's new owners the freedom to sell other diamonds...