IDEX Online - Rough Market Rough Market
- Mountain Province Losses Hit $200m
on 3 April 2026 at 11:00 amMountain Province Diamonds posted a net loss of CAD 279.5 million (USD 200.2 million) for FY 2025 - the result, it said, of a significant deterioration in market conditions, compounded by the planned processing of lower-grade stockpiles...
- Production Ends at Diavik, after 23 Years and 150m caratson 29 March 2026 at 8:00 am
Diamond production at the Diavik mine, in Canada's Northwest Territories, came to an end last week after 23 years. It produced over 150 million carats during its lifetime, more than either of NWT's other mines - Ekati (owned by Burgundy) and Gahcho Kue...
- Alrosa says Diamond Prices are Increasingon 25 March 2026 at 7:00 am
Alrosa says prices for its higher-value diamonds are rising, as supply shortages begin to reverse a long-term decline in both rough and polished goods. Russia's state-controlled miner says prices for investment grade goods (2cts to 10cts) increased by...
- De Beers Slashes Number of Sightholderson 22 March 2026 at 7:00 am
De Beers has reportedly slashed the number of sightholders who can buy their goods by as much as a third, as it seeks to consolidate supply among a small core of stronger buyers. The number of sightholders is understood to have been reduced from 69 ....
- South Africa's New Guidelines to Boost Domestic Polishingon 18 March 2026 at 5:00 am
South Africa has introduced new guidelines to retain more economic value from its rough diamonds by promoting local cutting and polishing, rather than exporting goods unprocessed. Around 90% of its rough diamond production is currently sold abroad...