IDEX Online - Rough Market Rough Market
- De Beers Holds First Auction in Botswanaon 8 May 2025 at 2:00 pm
De Beers diamond auctions have resumed after a year-long pause. They've been relocated from Singapore, where they were held from 2013, to Gaborone, Botswana. The move aims to "enhance operational efficiency and support Botswana's position as ...
- Alrosa could Offload Rough to State as Revenue Plungeson 8 May 2025 at 1:00 pm
Russia's finance ministry could buy more of Alrosa's excess rough production, after the sanctioned miner reported a 42 per cent slump in Q1 revenue. "We're considering various options to support the company that have also been used in previous difficult s
- Burgundy's Q1 Revenue Down 38%on 6 May 2025 at 4:00 am
Burgundy Diamond Mines saw a steep drop in Q1 revenue from its Ekati mine, in Canada, impacted by a drop in sales volumes, lower-value goods, bad weather and planned disruptions. The Australia-based company sold USD 73m in the three months to 31 March...
- De Beers Sale on Right Track, says Botswana Vice Presidenton 30 April 2025 at 11:00 am
Botswana's vice president says he's confident that a new buyer will be found for De Beers by the end of the year - and he hinted that the government could substantially increase its own stake, currently 15 per cent. Ndaba Gaolathe said there were...
- Lower Production Hits Mountain Province Q1 Revenueon 30 April 2025 at 7:00 am
Mountain Province revenue more than halved during a challenging first quarter, as global demand remained low and production was switched to stockpiles. The Toronto-based miner reported sales of CAD 44m (USD 30.7m), down 54 per cent from...