IDEX Online - Diamond Exchange, Diamond Prices, News, …
Sales of watches and jewelry in the US grew again in November, but at a slower rate than in the previous couple of months. The year-on-year increase was 5.8 per cent, down from 9.7 per cent in October and 10.1 per cent in September, according to the latest figures ...
Ruby Mining Resumes after Deadly Invasion Attempt
Jan 5, 2025 · (IDEX Online) - Work has resumed at the Montepuez ruby mine (MRM) in Mozambique, say owners Gemfields after two people were shot dead during an attempt to storm the deposit. The UK-based miner said on 2 January that the mine was again running at full capacity after an apparent return to calm. More ...
Renewed Calls for G7 Verification Point in India
Dec 4, 2024 · "The certification process is a matter of concern as we are the largest diamond manufacturer with over 90 per cent of the world's diamonds polished here," Gem & Jewellery Export Promotion Council (GJEPC) executive director Sabyasachi Ray told Times of India.
Postal Warning over "Free Diamond Rings"
Dec 11, 2024 · (IDEX Online) - Residents in the US are being sent unsolicited "diamond rings" in what's known as a "brushing scam". They receive a red jewelry box in the mail containing what turns out to be a fake diamond ring, together with a QR code for them to "register" the item that they hadn't ordered. The ...
Power Revolution: The Everlasting Diamond Battery
Dec 9, 2024 · Nuclear fusion experts at the government's UK Atomic Energy Authority (UKAEA), working with the University of Bristol, have developed the ever-lasting batteries using lab grown diamonds and an ultra-thin slice of radioactive material, the isotope known as carbon-14.
Shutdown for 15,000 Diamond Workers after Boss Suffers Stroke
Dec 7, 2024 · (IDEX Online) - Maruti Impex, described as one of the world's biggest manufacturers of small natural diamonds, is halting operations, and has advised its 15,000 workers to seek employment elsewhere.
IGI Launches $500m IPO
Dec 8, 2024 · (IDEX Online) - IGI aims to raise $499m (Rs 4,225 crore) from an IPO initial public offering that opens later this week (13 to 17 December).
De Beers has "Biggest Stockpile Since 2008"
Dec 25, 2024 · (IDEX Online) - De Beers' stockpile of rough diamonds is bigger that at any time since the 2008 financial crisis, according to a Financial Times (FT) report today (25 December). The troubled miner now has inventory worth a reported $2bn, as a result of weak diamond, especially in China, the lockdown ...
Signet Revenue Down 3%
Dec 9, 2024 · (IDEX Online) - Signet reported a 3.1 per cent drop in revenue for Q3 2025, down to $1.35bn as it continued to face "some challenges".
IDEX Online Research
The IDEX Online Research materials are unique analysis articles that can’t be found anywhere else in the global diamond industry press. From the careful dissection of retailers’ financial results to the latest premiums and prices paid on DTC rough …