IDEX Online - Rough Market Rough Market
- Two Thirds of IGI Revenue Now from Lab Growns
on 29 July 2026 at 12:00 pmIGI reported significant increases in revenue and profit, with lab growns now accounting for two thirds of all its certification earnings. Revenue was up 23% for the three months to the end of June (Q1 FY27) to RUP 3.7 billion (USD 36 million) ...
- De Beers Rough Sales Down 44%on 29 July 2026 at 6:00 am
Rough sales at De Beers slumped during the three months to the end of June, down 44% to $665 million, as owners Anglo American said the sale of its diamond mining unit was progressing. It expects the company to report another loss for De Beers...
- US Hits Canada with Punitive 50% Tariffon 26 July 2026 at 9:00 am
The US will target Canadian diamonds and other exports with a punitive 50% tariff, over and above the new Section 301 tariffs that were introduced on goods from 60 countries last Friday (24 July). President Donald Trump says the move is designed to...
- Trump Introduces Third Round of Tariffson 26 July 2026 at 3:00 am
The Trump administration has announced a new set of tariffs that will add either 10% or 12.5% to the cost of jewelry, diamonds and gemstones imported into the United States, depending on the country of origin. The new strategy uses different legislation...
- Lucara Recovers its 10th Diamond over 1,000ctson 19 July 2026 at 7:00 am
Lucara has recovered a 1,305.4 carat diamond from its Karowe mine, in Botswana - its 10th stone over 1,000 carats since full-scale open‑pit mining started in 2012. The diamond was unbroken, thanks to the Mega Diamond Recovery (MDR) X-ray ...