Alrosa profit soars as focus turns to sanctions
Alrosa has highlighted concerns about the impact of the US’s punitive measures after reporting its strongest annual earnings in five years.
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Only Natural Diamonds names first editor
The Natural Diamond Council (NDC) has appointed Sam Broekema as editor in chief of Only Natural Diamonds, the organization’s consumer-facing website.
Ukraine crisis leaves diamond industry vulnerable
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.
2022 A New Beginning – The Era Of Action
Sustainability Trends of 2022: An open letter to business leaders in the jewellery industry.
Webinar: the sustainability awakening
Sustainability has emerged as a key driver of business strategy in recent years, growing from the need to protect the planet, uplift communities and ensure that products and services make a positive contribution to society.
How the jewelry industry is helping Ukraine
From De Beers and Pandora to designers Robinson Pelham and Bea Bongiasca, here’s how the jewelry world is reaching out to Ukraine.
When it comes to Russian diamonds, industry is watching, waiting
The longer Russia’s assault on Ukraine continues, the more complicated the situation becomes for the jewelry industry.
Alrosa quits RJC board over Ukraine crisis
Alrosa has voluntarily stepped down as vice chair of the Responsible Jewellery Council (RJC) in light of Russia’s war in Ukraine, the standards authority announced Thursday [March 3].
Should the industry still sell Russian goods?
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.
U.S. sanctions target Alrosa and its CEO
On Thursday [February 24], the U.S. Treasury announced a long list of sanctions against Russia, with some taking aim at state-owned diamond miner Alrosa and its CEO, Sergey S. Ivanov.
Global crisis: what are the consequences for the diamond industry?
Dear Readers, How can we not talk about the war in Ukraine? And what should we say about it? Since ALROSA is the largest supplier of rough diamonds by volume, our industry can only expect to experience economic repercussions.
Crazy, scarce rough
The diamond market is in a Mexican standoff, one diamantaire observed with an air of bewilderment in a conversation [during the week of February 21]. No one knows who’s going to move first — buyers who have orders but lack urgency or suppliers who are at times unwilling to sell because they expect to get […]
