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Search Results - Diamonds By Cut - Rough (Uncut)

your search of 'Diamonds By Cut - Rough (Uncut)' has 63 results.

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In 2020, IBDH also unearthed unique yellow diamonds with a rare purple fluorescence in the same area. Source: IBDH

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Possible new colour diamonds discovery at Ellendale mine

India Bore Diamond Holdings (IBDH), one of two Australian companies currently operating at the Ellendale site in Western Australia – has confirmed two separate layers of diamondiferous gravel deposits at its site. Read more »

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Star Diamond finds abundant rare diamonds in Canadian mine

Canadian mining and natural resource company Star Diamond has discovered an “exceptionally high proportion” of rare Type IIa diamonds from samples taken from its Fort a la Corne drilling site located in central Saskatchewan. Read more »

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Man-made diamonds expected to fill current supply gap

As the prevailing sanctions on Russian diamonds continue to worsen the global supply gap, Botswana’s mining and energy minister sees the situation rife for man-made diamonds to fill the void. Read more »

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De Beers uncertain to meet rough demand while diamond shortage worsens

As the price of rough diamonds continues to increase due to an existing supply shortage further amplified by the ongoing sanctions on Alrosa, mining giant De Beers is uncertain it can meet the increasing market demand. Read more »
Diamond polishing factory in Surat. Source: Idexonline.com

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Diamond supply worsens as Indian factories close

The disruption to the supply of rough diamonds caused by the ongoing sanctions against Russian mining giant Alrosa has led to much shorter workweeks and the closure of several cut and polish factories in India. Read more »
The ongoing economic sanctions against Russian mining company Alrosa, installed by the US, EU and UK, has led to a significant shortage of rough diamond product in India. Source: Shreenathji Exports

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Russian sanctions impact Indian diamond workers

An estimated 250,000 members of India’s diamond cutting and polishing industry have been placed on unpaid leave for two weeks. Read more »

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Diamond industry at a strange and extraordinary crossroad

Russia’s status as a leader in the jewellery industry has been one of the most talked about issues of 2022 in the wake of the invasion of Ukraine in February. ROBERT BOUQUET provides an update on the current trading environment. Read more »
The new sanctions directive also covers companies owned by international conglomerates directly importing rough and polished diamonds from Russia that were previously not explicitly covered by the sanctions by the US issued in March.

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US imposes crippling sanctions on Alrosa; congress asks to close loopholes

In what could be a significant blow to Russia, the US has designated state-run mining company Alrosa in its Specially Designated Nationals (SDN) roster, which increases sanctions that carry substantial economic impacts on Russian companies. Read more »
The key causes for this dip in pricing for rough remains open to investigation. It may indicate a steady flow of non-Russian product being made available to the market as economic sanctions are placed on Alrosa from European and US sources. Source: Alrosa

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Rough diamond prices dropping

Rough diamond prices have reportedly fallen after months of frenzied purchasing. The diamond industry was considered a surprise winner as the global economy rebounded from the COVID-19 pandemic and in 2021, rough diamond prices rose by more than 20 per cent after copping significant hits in 2019 and 2020. Read more »
Last week, the UK revealed a list of 65 new sanctions put in place against organisations and individuals identified as contributors to Russian military efforts. A list of ten key individuals or businesses were highlighted and second on that list was diamond mining company Alrosa.

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UK government announces direct sanctions on Alrosa

Russian diamond mining juggernaut Alrosa has been directly sanctioned by the UK government in the latest round of economic sanctions imposed in response to the invasion of Ukraine. Read more »
A disruption in rough diamond supply would greatly impact India’s diamond industry as a number of major diamond enterprises, managed by Gujarati diamantaires, operate in Russia. Image: AFP / P. Golovkin

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Industry critics admonish India as Russian rough imports resume

Russian mining company Alrosa has resumed exporting rough diamonds to India despite economic sanctions being placed on the country by the US and EU. Read more »
Despite the intensified sanctions, the enhanced restrictions apply only to rough diamonds extracted or polished exclusively in Russia. Cut or polished diamonds from Russian rough imported from other countries are still considered legal.

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More sanctions on Russia; loophole hounds diamond export ban

The European Union has announced a fourth round of economic santions on Russia following the invasion of Ukraine in late February, and among the restrictive measures is a ban on the importartion of luxury items such as diamonds and jewellery. Read more »
Udachny Open Pit Mine, City of Udachny, Yakutia <b>Source: ALROSA</b>

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More problems for Russian diamond industry; stiffer import and export bans

The US, European Union and the G7 forum leaders have collectively announced stiffer sanctions to be imposed on Russia by banning – among others - the importation of diamonds and jewellery to “further isolate Russia from the global financial system”. Read more »
Diamond producers such as De Beers and Petra may benefit from on-going sanctions imposed on Russia, especially on partially state-owned Alrosa Diamond Mine, as calls to boycott Russian diamonds continue. Source: De Beers

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De Beers and Petra diamond sales increase, could benefit further from sanctions in Russia

Diamond producer De Beers has reported an 18 per cent increase in sales during the second cycle of 2022 as the company continues its recovery from the COVID-19 pandemic induced slump. Read more »
The decision to suspend its membership from NDC also ceases Alrosa’s financial contributions to the council and vacates its board position amid the current Russia-Ukraine war crisis.

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Alrosa steps down from NDC and RJC; assures India business as usual

With the ongoing economic sanctions imposed on Russia, mining company Alrosa has suspended its membership from the Natural Diamond Council (NDC) and vice-chairmanship of the Responsible Jewellery Council (RJC). Read more »

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