IDEX Online - Rough Market Rough Market
- Mining Permit Granted for Thorny River, South Africaon 18 March 2025 at 12:00 am
Botswana Diamonds (BOD) says it has been granted a mining permit for its Thorny River project in South Africa's Limpopo Province. Contractors will start mining there once rough prices show sustained signs of recovery, it says, and operations could...
- Antwerp Trade Down a Third as Sanctions Biteon 17 March 2025 at 6:00 am
The total value of all Antwerp's diamond imports and exports fell by over a third in the first two months of 2025, according to the Antwerp World Diamond Centre (AWDC) as the global slowdown and the impact of lab gowns were compounded...
- Job Losses at Tiffany Subsidiary in Antwerpon 16 March 2025 at 12:00 am
A subsidiary of Tiffany & Co plans to lay off 26 of its 42 staff in Antwerp amid the ongoing slump in demand. Laurelton Diamonds, a De Beers sightholder, was established in 2002 to procure rough diamonds, and to cut, polish and supply polished stones...
- TAGS' Specials Sell for Well Above Reserve Priceson 16 March 2025 at 12:00 am
Trans Atlantic Gem Sales (TAGS) achieved over $15.4m from the sale of 34 specials from Angola at its first rough tender of the year. They sold for well above their reserve price said the Dubai-based tender house, which was presenting goods for ...
- High-Value Recoveries Drive up Gem Revenueon 13 March 2025 at 1:00 pm
Gem Diamonds saw revenue and profits increase in FY2024, as high-value recoveries more than made up for persistent downward pressure of the diamond market. In its Full Year 2024 Results published today (13 March), the UK-based miner...