IDEX Online - Rough Market Rough Market
- New Botswana President to Address AWDC Conferenceon 25 November 2024 at 8:00 am
Botswana's newly-elected president, Duma Boko, will give a keynote speech at the Facets 2024 international diamond conference tomorrow (Tuesday 26 November). The event is organized by the Antwerp World Diamond Centre (AWDC)....
- CAR "Needs Support" as Diamond Ban is Liftedon 25 November 2024 at 6:00 am
The lifting of an 11-year ban on rough diamond exports from the Central African Republic (CAR) is the right decision, says the observer group KP Civil Society Coalition (KPCSC). It ultimately did more to support smugglers than to protect the...
- TAGS Sells $28m Rough as Demand Increaseson 25 November 2024 at 4:00 am
Trans Atlantic Gem Sales (TAGS) sold around $28m of rough at two tenders this month, as it noted a clear increase in post-Diwali demand. The Dubai-based auction house said demand remained strong across all +10ct ranges, with an improvement...
- 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...