IDEX Online - Rough Market Rough Market
- Lucara Slashes 2024 Revenue Guidanceon 19 November 2024 at 5:00 am
Lucara has cut its diamond revenue guidance for this year by more than a quarter, blaming lower sales of +10.8-ct specials and the softening of the rough diamond market globally. The Canadian miner says it now expects to revenue of ...
- KP Votes to End Ban on CAR Diamondson 18 November 2024 at 7:00 am
The Kimberley Process voted to allow rough diamond exports from the Central African Republic (CAR) after imposing a ban in 2013 as a civil war raged. The Seleka, a coalition of predominantly Muslim rebel groups, toppled the government in...
- "Life-Changing" Diamonds Fail to Find Buyerson 17 November 2024 at 4:00 am
Hundreds of carats of diamonds unearthed by part-time diggers in India's diamond-rich Panna district remain unsold after state-run auctions failed to attract buyers. Farmers and laborers rent small patches of land from the government and regularly...
- Explorer Star Diamond Reports Q3 Losson 14 November 2024 at 6:00 am
Canadian explorer Star Diamond reported a Q3 loss after it bought the remaining share of a project in Alberta, but said new research indicated significantly higher resources at a second site in the neighboring Saskatchewan province...
- KP Members Must Redefine Conflict Diamondson 13 November 2024 at 9:13 am
The Kimberley Process (KP) needs all its members - diamond producers, traders, manufacturers and consumer markets - to contribute to expanding the conflict diamond definition, according to Feriel Zerouki, president of the WDC...