Latest Rough

Video Podcast: The Man Who Transformed the Rough Market

Adam Schulman of Koin International extols the virtues of the tender system.

Recovered in August 2024 from Lucara’s Karowe mine in Botswana, it is the second-largest ever found.

Small rough is the biggest victim as tariffs compound the industry’s challenges.

Restructuring of trading department reflects ongoing market crisis.

Assessing the impact of De Beers, Alrosa, Angola — and the tariffs.

Bonas will offer over 900 lots from Botswana, Canada, Lesotho, Angola and more.

Revenue down 24% in first half.

Offloading inventory at reduced margins supported sales amid difficult market conditions.

Rough of 2.50 to 4 carats has been strong for two months, leaving some perplexed amid mixed polished sales.

Companies sell 15 lots totaling 865.19 carats.

Luxury groups are reporting strong sales at their jewelry maisons. Why isn’t the diamond trade reaping the rewards?