Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest ...
and more than 90% of diamonds are cut in India, so "it is quite difficult to imagine the exclusion of Russian diamonds from the global industry," Boris Krasnozhenov, head of the securities markets ...
Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...
Russia's diamond giant Alrosa was until now a joint owner of Angola's Catcoa mine, the fourth-largest in the world, and Luele mine, in partnership with the southern African nation's state-owned ...
About 90 percent of the world's diamonds are cut and polished in India. But the companies processing them rely on Russia for their raw gems, and the knock-on effect of the war in Ukraine is ...
Antwerp has witnessed a sharp decline in trade volumes due to the Western ban on the Russian gems, according to a report ...
The task of the diamond verification hubs [Antwerp in Belgium and in 2025, in Botswana] is to encourage traders to provide evidence that the batches do not contain Russian diamonds," Abravitova said.
(MENAFN) Belgium's diamond industry, centered in Antwerp, is facing a significant downturn due to the EU's sanctions on Russian diamonds, which were imposed in response to the Ukraine conflict.
(MENAFN) Belgium's diamond industry, centered in Antwerp, is facing severe challenges due to the loss of Russian imports, exacerbated by Western sanctions, as reported by NZZ on Wednesday.
Russian diamond producer Alrosa's output fell by 4.6% to 33 million carats this year, according to a statement by the government of the Yakutia region in Russia's Far East, where most of Alrosa's ...