Sanctions-hit Alrosa kept diamond sales in the first half of 2023 at the year-ago levels, the Russian company said on Monday as it reported financial results for the first time since Moscow’s 2022 invasion of Ukraine. Efforts to reduce Russia’s revenue from diamond exports and to build on Washington’s existing sanctions on Alrosa, the world’s … Read more
The US has reportedly blocked $26m of payments made by Indian businesses attempting to buy rough diamonds from Russia.
555 carat Diamond Bought with Illicit Funds, SEC Says
Anglo announces latest De Beers’ rough diamond sales value
A new office building in India’s diamond city Surat in Gujarat, where 90% of the world’s diamonds are manufactured has surpassed the Pentagon as the largest structure of the kind. Built over 7.1 million square feet of floor space, the Surat Diamond Bourse (SDB) has a big leg up on the 6.5 million square feet … Read more
Petra Diamonds’ sales dropped 44% for the full fiscal year
Synthetic Diamond Market to Rise USD 16.4 Billion in 2023
29.52-carat pink diamond went for more than $8 million
De Beers has sharply decreased its prices for select larger rough diamonds
Nick Selby will take on the role of interim CEO at Lucapa Diamond Company