IDEX Online - Rough Market Rough Market
- Milestone Tender Opens Market to DRC Miners
on 18 June 2026 at 2:00 pmA sale of rough diamonds from the Democratic Republic of Congo (DRC) in Antwerp today (18 June) broke a decades-old pattern which locked artisanal miners out of the international market. In what is billed as a world first, a small parcel of diamonds from ...
- De Beers Sale could be "Weeks Away" says CEOon 17 June 2026 at 12:00 pm
The sale of De Beers may be just weeks away, according to CEO Al Cook - ending more than two years of uncertainty for Anglo American's loss-making diamond company. Divestiture is "closer than it has ever been," he told the Reuters NEXT...
- Union Condemns Petra's Mine Suspension and Jobs Threaton 16 June 2026 at 12:00 pm
South Africa's National Union of Mineworkers (NUM) has condemned Petra over its decision to put its Finsch mine into business rescue, and to issue a jobs warning for its other deposit, at Cullinan. The union says a total of 1,779 jobs are at risk...
- Business Rescue Plan for Finsch Mineon 11 June 2026 at 3:00 pm
Petra Diamonds says business rescue practitioners (BRPs) will now see if they can find a way to save the Finsch mine, in South Africa. They've taken custodianship of the beleaguered mine and will draw up a revised business plan that must be approved ...
- De Beers: Botswana Seeks Gulf Help to Buy Reduced Stakeon 8 June 2026 at 5:00 am
Botswana is reportedly seeking financial help from UAE and Oman to buy a reduced stake in De Beers. It had been aiming for overall control of the loss-making miner, but has scaled back its ambitions amid the worst downturn in the diamond industry's...