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Search Results - Russian Ukraine Conflict

your search of 'Russian Ukraine Conflict' has 32 results.

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The Antwerp World Diamond Centre (AWDC) is advocating for rough-verification centres outside the G7 bloc to enforce sanctions on Russian diamonds.

News
Diamond industry leader calls for changes to Russian sanctions scheme

The Antwerp World Diamond Centre (AWDC) is advocating for rough-verification centres outside the G7 bloc to enforce sanctions on Russian diamonds. Read more »
The European Union will exclude ‘grandfathered’ diamonds from its sanctions against Russia, according to recent media reports. | Source: MID House of Diamonds

News
Controversy continues surrounding Russian diamond sanctions

The European Union will exclude ‘grandfathered’ diamonds from its sanctions against Russia, according to recent media reports. Read more »
Concern within the international diamond industry about the impact of sanctions against Russian diamonds has worsened in recent weeks. | Source: Getty Images

News
Diamond industry frustrations with G7 sanctions intensify

Concern within the international diamond industry about the impact of sanctions against Russian diamonds has worsened in recent weeks. Read more »
Several international trade associations have published an open letter calling for the G7 to consider the broader impact of incoming sanctions against the Russian diamond industry. | Source: Freepik

News
Industry associations express concern about diamond sanctions

Several international trade associations have published an open letter calling for the G7 to consider the broader impact of incoming sanctions against the Russian diamond industry. Read more »
Alrosa, as well as CEO Pavel Marinychev, have been added to the Official Journal of the European Union as people and entities whose funds and economic resources are to be frozen. | Source: Bloomberg

News
Ukraine conflict: European Union hits Alrosa CEO with sanctions

The European Union (EU) has added Russian diamond mining company Alrosa to its sanctions list as a punitive response to the ongoing conflict in Ukraine. Read more »
The Kimberley Process plenary meeting in Zimbabwe has reached a bitter ending after concluding with a deadlock over the definition of ‘conflict diamonds’. | Source: Kimberley Process

News
Conflict diamonds: Chaos at Kimberley Process meeting

The Kimberley Process plenary meeting in Zimbabwe has reached a bitter ending after concluding with a deadlock over the definition of ‘conflict diamonds’. Read more »
The Russian government has accused Western powers of undermining the Kimberley Process Certification Scheme (KPCS) in a bid to politicise the diamond industry further. | Source: Kimberley Process

News
Russia accuses Western powers of compromising Kimberley Process

The Russian government has accused Western countries of undermining the Kimberley Process Certification Scheme (KPCS) in a bid to further politicise the diamond industry. Read more »
A priest from Ukraine’s Orthodox Church has been arrested along with four others for stealing €60 million ($AU100.7 million) of illegally obtained ancient jewellery. | ABC News

News
Priest arrested for theft of $100 million gold jewellery

A priest from Ukraine’s Orthodox Church has been arrested along with four others for stealing €60 million ($AU100.7 million) of illegally obtained ancient jewellery. Read more »
The NACP has now issued a statement praising SRK for its commitment to complying with international obligations. | Source: SRK

News
SRK removed from Ukraine’s list of Russian war sponsors

Shree Ramkrishna Exports (SRK) has been removed from the list of international war sponsors by Ukraine’s National Agency of Corruption Prevention (NACP). Read more »
 Alrosa has decided to temporarily halt the allocation of rough diamonds in September and October 2023. | Source: Alrosa

News
Major diamond producer cancels scheduled sales

Russian diamond mining juggernaut Alrosa has cancelled its next two allocations amid concerns about declining demand. Read more »
Belgium officials have reportedly informed the media that the diamond import ban will be announced within the next two to three weeks. | Source: Wallpaper Flare

News
Expanded Russian diamond sanctions expected within weeks

Speculation over increased sanctions against Russia’s diamond industry has heightened, with media sources suggesting that new prohibitions will be announced in the coming weeks. Read more »
Sightholders must purchase at least 65 per cent of non-deferred goods, with failure to do so considered a refusal. De Beers does not usually allow sightholders to defer more than one box per category of rough each six months. | Source: DeBeers Group

News
De Beers relaxes purchasing rules, Alrosa breaks silence

The world’s largest diamond mining company, the De Beers Group, has relaxed purchasing rules for sightholders in a move to address accumulating inventories. Read more »
Melanie Grant, newly appointed executive director of RJC on January 23, 2023. | Source: Andrew Werner Photography

News
Crisis in Ukraine: New powers for the Responsible Jewellery Council

The Responsible Jewellery Council now has the ability to vote on the expulsion of members that bring the organisation into disrepute. Read more »
As part of the executive order, the US Government aims to ‘degrade Russia’s current and future military capabilities’ and ‘curtail Russia’s use of the international financial system to further its war.’ | Source: Alrosa

News
New Alrosa CEO sanctioned by US, sales slow for De Beers

The US Department of State has expanded its sanctions to include newly appointed Alrosa CEO Pavel Marinychev as the conflict in Ukraine continues. Read more »
The report from Glitz.Paris alleged that the De Beers’ Forevermark brand conducted more than 100 transactions involving Russian diamonds destined for the US market. | Source:Shutterstock

News
De Beers denies violating Russian diamond sanctions

The world’s largest diamond mining company, the De Beers Group, has issued a statement denying claims it sold diamonds sourced from Russia. Read more »

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