The R&M “Lettre”

The Jewelers Vigilance Committee has shared updated guidance on the executive order, which was issued Friday [March 11] .

 Alrosa has highlighted concerns about the impact of the US’s punitive measures after reporting its strongest annual earnings in five years.

Several scenarios could play out for the diamond industry as a result of Russia’s invasion of Ukraine. While it’s too early to understand the full impact of the crisis, the longer it goes on, the deeper its effect will be on the market.

The longer Russia’s assault on Ukraine continues, the more complicated the situation becomes for the jewelry industry.

Just before Russia’s invasion of Ukraine, diamond miner Alrosa—which is 33% owned by the Russian government—released its latest sustainability report, which talks about helping communities, respecting the environment, and prioritizing social responsibility.

De Beers lifted prices of smaller rough at [the sight during the week of 21st February], its second consecutive increase, as the industry continued to express concerns about a perceived mismatch with polished.

On April 27, Sotheby’s Hong Kong will hold a single-lot auction for the largest and potentially most valuable blue diamond ever to come under the hammer—a 15.1 ct. internally flawless step-cut, called the De Beers Cullinan Blue.

National Jeweler talks to two analysts about market share and where the stones go from here.

The founder of a cryptocurrency company purchased the stone and will rename it the “Hex.com” diamond.

Prices of fancy-color diamonds grew in 2021 as the market recovered from the previous year’s pandemic-induced slump, according to the Fancy Color Research Foundation (FCRF).

The Indian government has reduced customs duty on polished diamonds to 5%, a move the industry has welcomed.

Alrosa increased rough prices by around 10% at its January trading session as supply gaps widened, customers of the Russian miner told Rapaport News.