Antwerp World Diamond Centre CEO resigns amid Russia diamond sanctions
Antwerp World Diamond Centre CEO resigns
Antwerp World Diamond Centre CEO resigns
Antwerp police conducted six raids on Wednesday and made four arrests as part of an investigation into some diamond imports suspected of being Russian-origin
Antwerp’s diamond dealers face long and costly delays following an EU ban on Russian-origin diamonds that took effect on March 1 and has slowed imports, they say in a letter seen by Reuters.
Sarine Blames Economy and Lab Growns for 2023 Loss
US to Require Self-Certification for Russian Diamond Ban
Alrosa’s revenue rose in 2023 as the Russian diamond miner continued to sell despite sanctions.
Russia diamond producer Alrosa
The US Treasury has imposed sanctions against nearly 300 Russian entities in its latest round, including a company specializing in the export of rough and polished diamonds. The new series of restrictions the Office of Foreign Assets Control (OFAC) has applied marks the two-year anniversary of Russia’s invasion of Ukraine, and is also in response … Read more
Russian Diamond Ban
Geologists from ETH Zurich and the University of Melbourne have established a link between diamond occurrence and the mineral olivine. In a paper published in the journal Nature Communications, the scientists explain that their method will simplify the detection of diamond deposits. The process relies on the chemical composition of kimberlites, which occur only on … Read more