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An employee inspects a deep yellow asscher cut diamond, weighing 20,69 carats — the largest yellow diamond mined in Russia in 2017, at an exhibition of Alrosa collection of large colored ...
Alrosa (Russian: АЛРОСА) is a Russian group of diamond mining companies that specialize in exploration, mining, manufacture, and sale of diamonds. The company leads the world in diamond mining by volume. [2] [3] Mining takes place in Western Yakutia, the Arkhangelsk region, and Africa. Alrosa is Russia's leading diamond mining and ...
Founder & CEO of Diamond Cutters International Fred Cuellar, also known as “The Diamond Guy", sits down with Yahoo Finance Live to discuss disruptions to the diamond industry due to the Russian ...
The following is a list of countries and territories by diamond exports. Data is for 2012, 2015, 2016 and 2023 in billions of United States dollars, as reported by The Observatory of Economic Complexity and the International Trade Centre. Currently the countries exporting over one billion dollars in 2023 are listed:
EU mulling ban on direct diamond imports from Russia starting from 1 January 2024
In March 2023, when the EU adopted new sanctions against Russia, Russian diamond exports to Europe and other nations remained unaffected. While calls from Ukrainian nationals and EU officials to strictly apply sanctions to Russian-sourced diamonds had been referred to the G7, such measures had only experienced weak support from European ...
BRUSSELS/LONDON (Reuters) -The United States is re-evaluating the strictest elements of a ban on Russian diamonds from the Group of Seven major democracies, after opposition from African countries ...
Diamonds sold through this process are known as conflict diamonds or blood diamonds. [131] In response to public concerns that their diamond purchases were contributing to war and human rights abuses in central and western Africa, the United Nations, the diamond industry and diamond-trading nations introduced the Kimberley Process in 2002. [142]