IDEX Online - Rough Market Rough Market
- De Beers' Revenue Down 44% from First Two Sightson 24 April 2025 at 1:00 pm
De Beers' revenue from rough sales at its first two sights of 2025 fell 44 per cent, and average per carat prices were down by 38 per cent. The UK-based miner sold 4.2m carats for $520m in the first quarter, compared to 4.6m carats for $925m...
- $11m in Government Aid for Canada's Diamond Mineson 24 April 2025 at 7:00 am
Three of Canada's loss-making diamond mines are to receive a CAD 15m (USD 11m) support package from the Northwest Territories government, to prevent job losses and protect collaborative initiatives between miners and Indigenous communities....
- Alrosa Official Mocks "Ineffective" G7 Diamond Sanctionson 23 April 2025 at 7:00 am
Attempts by the G7 nations to sanction Russian diamonds are "ineffective," says Alrosa, because they're still not backed by traceability technology. Pyotr Karakchiyev, head of the international cooperation department at the state-controlled miner,...
- Ousted Masisi Claims De Beer Funded Botswana's Oppositionon 22 April 2025 at 7:00 am
Botswana's former president Mokgweetsi Masisi has accused De Beers of funding the party that ousted him from power last November - because he was taking too tough a stance on the critical 10-year diamond deal. He claims the mining company actively...
- Production Rises at Rio Tinto's Last Diamond Mineon 21 April 2025 at 7:00 am
Rio Tinto has reported a 27 per cent increase in first quarter production at the Diavik mine, in Canada's Northwest Territories. It follows a 17 per cent dip in production during FY 2024, a year blighted by the death of four workers at the deposit and two ...