Russia Partners with Belarus
Russia is joining forces with its ally Belarus to promote jewelry exports to China, the UAE, Vietnam, and Southeast Asia, in response to G7 sanctions.
Russian diamonds
Mining Company Alrosa Unveils Russia’s Largest-Ever Diamond
Russian diamond producer Alrosa announced Friday that it finished the two-year cutting process of the country’s largest-ever diamond — a 100-carat vivid yellow stone named New Sun.
US Diamond Importers Must Declare Country of Origin
Diamond Importers have been required, since last March, to certify that their goods are not Russian, but not to disclose where they are from.
Russia to continue buying diamonds through state fund in 2025
Russia will continue to buy diamonds through a state fund in 2025 in order to support the diamond industry and market, Deputy Finance Minister Alexei Moiseev said on Thursday. The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems, Moiseev said in a statement. Sign Up for … Read more
Russian exports of diamonds to Hong Kong up 18-fold in 5M24
Russian exports of diamonds to Hong Kong up 18-fold in 5M24
Russia Seeks New Markets as “Illegal Unilateral Restrictions” Bite
Russia is seeking to strengthen ties with Brazil, India, China, and South Africa and other BRICS countries in response to tighter sanctions on diamonds from the G7 and EU. Setting an agenda for “equal and fair interaction between the parties involved in all segments of the global diamond trade” was the focus of a roundtable … Read more
The US is reportedly rethinking plans to ban Russian diamonds amid industry pushback
The US is reportedly rethinking plans to ban Russian diamonds amid industry pushback
Antwerp World Diamond Centre CEO resigns amid Russia diamond sanctions
Antwerp World Diamond Centre CEO resigns
Russian diamond ban creates costly delays, Antwerp diamond dealers say
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.
US to Require Self-Certification for Russian Diamond Ban
US to Require Self-Certification for Russian Diamond Ban