IDEX Online - Rough Market Rough Market
- Alrosa Could Start Work on New Mir Mine
on 5 May 2026 at 11:00 amAlrosa says it could start work next year on Mir-Deep, as a successor to the ill-fate Mir, which closed after the 2017 flooding disaster that claimed eight lives. The Russian miner said it was ready to bring forward implementation of the construction phase ...
- Ekati Owners File for Insolvency Protectionon 4 May 2026 at 5:00 am
Owners of the Ekati diamond mine in Canada's Northwest Territories have filed for insolvency protection, just months after agreeing federal loans worth up to CAD 175 million (USD 128 million). Arctic Canadian Diamond Company (ACDC), a subsidiary...
- Steep Rise in De Beers Rough Productionon 3 May 2026 at 8:00 am
e Beers says rough diamond production increased by 17% in the first three months of 2026, to 7.1 million carats. The increase was largely driven by the release of stockpiled ore at Gahcho Kue, in Canada, (up 163%) and higher underground volumes at...
- S&P Cuts Mountain Province Credit Ratingon 30 April 2026 at 8:00 am
Mountain Province's credit rating has been downgraded by S&P, to reflect "a higher likelihood of a near-term default or debt restructuring". The Canadian diamond miner is facing significant debt maturities and financial obligations that it has yet ...
- US Refunding Billions Paid in "Trump Tariffs"on 28 April 2026 at 2:00 pm
The US government has started the refund process for importers who paid a total of $166 billion in "Trump tariffs" that were subsequently outlawed. Diamond and jewelry shipments will be among the first waves of eligible claims handled by..