Dubai: The European Union (EU) has expressed deep disappointment over the failure of the Kimberley Process (KP) to address the implications of Russia’s war in
New Delhi: India’s imports of Russian diamonds have increased during January-June 2024 by 22% year-on-year to 4.1 million carats, according to the official data of
Antwerp: ALROSA has declared bankruptcy of its Belgian trading division, Alrosa Belgium NV in Antwerp. According to the Belgian edition l’Echo, in mid-June the supervisory
Antwerp: European Union (EU) is extending the “sunrise period” for the traceability of sanctioned Russian diamonds by six months, and allowing trade in “grandfathered stock”
(By Alan Cohen): Reflecting on the ongoing G7 sanctions on Russian diamonds and its expected impact on an already shaky diamond and jewellery market, I
Antwerp: “At this pivotal moment for the global diamond industry, it is vital that we protect the lives and livelihoods of all those employed in
Washington: The US is closing the loophole that has, for almost two years, allowed the importation of rough diamonds from Russia as long as they
Mumbai: G7 leaders on Wednesday agreed to impose a direct import ban on Russian diamonds as of January, while introducing a tracing system for diamonds
New York: US and EU officials are to consult diamond industry leaders on further measures against Russia for its “unprovoked war in Ukraine”.James O’Brien, head
Moscow: Despite U.S. sanctions, Russian diamond sales rose after the Ukraine war began, according to Kimberley Process (KP) statistics for the first half of 2022.
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