Collapsing diamond prices are doing more than frustrate plans to sell industry leader De Beers, they are becoming the latest headache for Russia.

Under terms of new agreement, Botswana’s government will be allowed to sell 30% of rough diamonds mined through joint mining ...

(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.

Appropriate exemptions are included,” the document said. The plan also extends the phase-in period on the Russian diamond ban from third countries from March until September this year. From September, ...

(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.

Analysts say the diamond industry is sure to welcome the deal, as Botswana, after Russia, is the world's second-largest producer of diamonds. Under terms of the new agreement, Botswana's ...