Rough Diamond News

  • 90,000 Jobless Diamond Workers Waiting for Government Aid
    on 14 September 2025 at 5:00 am

    More than 90,000 artisans in Gujarat, India's diamond hub, have applied for government aid, amid layoffs, short-time working and factory closures. The state government of Gujarat launched the scheme in May for diamond workers who had been...

  • Diavik Mine Hits 150m-carat Milestone
    on 13 September 2025 at 7:00 pm

    Rio Tinto says its Diavik mine has now produced 150m carats, far surpassing the 100m carat estimate before it started commercial operations in 2003. Diavik, Rio Tinto's last remaining diamond mine, is due to close early next year because its...

  • Lesotho PM Eyes Future Beyond Diamonds
    on 11 September 2025 at 8:04 am

    The prime minister of Lesotho - which relies on diamonds for at least a fifth of its export revenue - says the country's future lies in rare earth minerals. Ntsokoane Samuel Matekane told a conference in Australia that rare earth elements (REE) would be...

  • US Reprieve for Grandfathered Diamonds from Russia
    on 9 September 2025 at 7:00 am

    The US has granted a year-long reprieve before a ban on the import of legacy or "grandfathered" diamonds from Russia comes into force. Goods that were already outside Russia and that were not exported or re exported from Russia (after specific cut-off dates) ...

  • Lucara Addresses Underground Mine's Funding Shortfall
    on 9 September 2025 at 7:00 am

    Canadian miner Lucara has drawn $10m from its largest shareholder to address a funding shortfall, as it prepares for underground mining at Karowe, in Botswana. Luxembourg-based Nemesia, which holds stakes in a number of mining companies...

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