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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.
At an industry event last week, an old friend reproached me for my recent headline that called allowing imports of Russian-mined diamonds that were cut elsewhere a “loophole.”
Rough prices have fallen substantially on the open market amid a correction following months of heightened activity, dealers told Rapaport News.
Tiffany & Co. has become the latest jeweler to nix the use of Russian-origin diamonds in any of its products following US government sanctions.
Lucara Diamond is looking for acquisition opportunities, as the industry currently lacks an investable, mid-tier mining company, CEO Eira Thomas told the Rapaport Diamond Podcast.
Investment in infrastructure, technology and talent help India consolidate its leadership in the global diamond industry.
The British government [announced Marc 24] sanctions against Alrosa.
For a group comprising more than 80 countries, the Kimberley Process (KP) has generally operated apart from global politics. There have been occasional exceptions: In 2007, the Chinese delegation reportedly interrupted the KP plenary until the Taiwanese delegation was forced to leave.
Dear readers, One of the results of a crisis is that it makes you face up to your limitations. It asks you to look at what you have achieved, your needs and to check the path ahead as well.
Press release – De Beers Group [announced March 15] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the second sales cycle of 2022.
Press release – The world’s most advanced diamond recovery vessel, the Benguela Gem, has [been March 18] officially unveiled in Namibia at an inauguration ceremony attended by His Excellency, President Hage Geingob, Minister of Mines and Energy, the Honourable Tom Alweendo and De Beers Group CEO, Bruce Cleaver. The vessel will commence operations from next […]
Signet Jewelers now accounts for 9.3% of the U.S. jewelry market, up from the 6% it claimed in 2021, CEO Gina Drosos said on an earnings call Thursday, following the release of its fourth-quarter financial results.
