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Alrosa suspends RJC membership
The Russian diamond miner’s membership had been a point of contention, causing major companies to leave the organization.
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The Russian diamond miner’s membership had been a point of contention, causing major companies to leave the organization.
Press release – Six months since the creation of the Watch & Jewellery Initiative 2030, membership has risen with new members, representing brands from different market segments, marking a level of diversity that is key to ensure the industry creates a durable and positive impact for the panel and for people.
The Oscars returned to the Dolby Theater on March 27, and people are still trying to puzzle them out.
It’s a question that’s been on Editor-in-Chief Michelle Graff’s mind since Feb. 24.
Chopard has become the latest retailer to boycott diamonds originating from sanctioned Russian companies, citing its policy on responsible sourcing.
Press release – ALROSA has voluntarily stepped down from the position of Vice-Chair of RJC, temporarily leaving the Board of Directors.
Iris Van der Veken has resigned as executive director of the Responsible Jewellery Council (RJC), in response to how it is handling the current status of Russian diamond miner Alrosa, sources tell JCK.
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.