IDEX Online - Rough Market Rough Market
- 6,000-ct Bonus in Long-Disputed Diamond Parcelon 12 May 2025 at 1:00 pm
The UK miner Vast Resources says a disputed parcel of rough diamonds now in its possession is larger than expected, and of higher quality. The parcel had been in dispute since 2007 and was held under lock and key at Zimbabwe's central bank since...
- De Beers CEO: No Benefit to US Tariff on Diamondson 12 May 2025 at 9:00 am
De Beers CEO Al Cook says he's confident the US will exempt diamonds from reciprocal tariffs. He told the Financial Times (FT) they were of "no benefit", given that there are no US diamond mining jobs to protect, and that they would function as nothing ...
- TAGS Rough Sales hit by Tariffs Turmoilon 11 May 2025 at 8:00 am
Trans Atlantic Gems Sales (TAGS) reported lower prices and lower sell throughs, with the rough diamond is again "in turmoil" following the announcement of US reciprocal tariffs last month. The Dubai-based tender house presented $30m...
- 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