Antwerp World Diamond Centre elects David Gotlib President
In what’s considered a sign of a “new generation” taking over Antwerp’s leadership, David Gotlib has been appointed the new president of Antwerp World Diamond Centre (AWDC).
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New realities: state of the diamond industry
The diamond industry is undergoing fundamental disruption as political, economic and social forces break the supply chain, reduce demand, and shift consumer attitudes. We are heading into a perfect storm with new realities, challenges, and opportunities.
The man who keeps talking about Russian diamonds
Continuing my resolution to speak to more people I don’t entirely agree with, I was happy to chat at JCK Las Vegas with Tom Neys, head of media relations for the Antwerp World Diamond Centre (AWDC).
Webinar: A Russian awakening
After a year of prosperity in 2021, the trade is dealing with uncertainty related to the Russia-Ukraine conflict, as well as continued Covid-19 shutdowns in China and economic caution in the US.
Report: strong demand, less supply to boost diamond prices
The average price of natural diamonds may increase as much as 15% this year, as sanctions against Russia constrain supply, and consumer demand continues to be “buoyant,” according to a new report from Bank of America Global Research.
Rapaport bans Russian Diamonds
Press release – RapNet, the world’s largest diamond trading network with daily listings of 1.8 million diamonds valued at $8.7 billion, has banned Russian diamonds from its network.
A wake-up call from Russia
Just as Covid-19 catalyzed the move to digital, the war in Ukraine may be the push the industry needs to step up its responsible sourcing.
Podcast: Ethical sourcing and the buzz about Blue
With the Russia crisis constantly evolving and the US piling sanctions on Alrosa, the Rapaport editorial team outlines how the industry is adjusting to these new challenges.
The man with the diamond dream
Stephen Lussier was chomping at the bit as he sat on stage during a 2019 diamond conference in Dubai. Dressed in his trademark cream suit, he slid toward the edge of his seat as he waited his turn to speak, confident in his ability to unbundle everything his fellow panelist was saying to prop up […]
Alrosa ejected From World Diamond Council, Irish Stock Exchange
In yet more fallout from Russia’s invasion of Ukraine, state-owned diamond miner Alrosa has been removed from the World Diamond Council (WDC), which represents the industry in front of the Kimberley Process (KP).
The United States puts the ultimate sanction on Alrosa
On Thursday [April 7], the U.S. Treasury’s Office of Foreign Assets Control (OFAC) added Russian diamond miner Alrosa to its Specially Designated Nationals (SDN) list—which may have serious implications for U.S.-based companies with overseas ownership.
Zelensky: peace worth more than diamonds
Ukraine President Volodymyr Zelensky criticized the Antwerp diamond industry in an address to the Belgian parliament Thursday [March 31], accusing it of prioritizing profit over peace, according to media reports.
