26/03/2024
• Samuel Ord
Concern within the international diamond industry about the impact of sanctions against Russian diamonds has worsened in recent weeks.
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05/03/2024
• Samuel Ord
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.
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09/01/2024
• Samuel Ord
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.
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14/11/2023
• Samuel Ord
The Kimberley Process plenary meeting in Zimbabwe has reached a bitter ending after concluding with a deadlock over the definition of ‘conflict diamonds’.
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06/11/2023
• Samuel Ord
The Russian government has accused Western countries of undermining the Kimberley Process Certification Scheme (KPCS) in a bid to further politicise the diamond industry.
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27/10/2023
• Samuel Ord
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.
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23/10/2023
• Samuel Ord
Shree Ramkrishna Exports (SRK) has been removed from the list of international war sponsors by Ukraine’s National Agency of Corruption Prevention (NACP).
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26/09/2023
• Samuel Ord
Russian diamond mining juggernaut Alrosa has cancelled its next two allocations amid concerns about declining demand.
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18/09/2023
• Samuel Ord
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.
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17/08/2023
• Samuel Ord
The world’s largest diamond mining company, the De Beers Group, has relaxed purchasing rules for sightholders in a move to address accumulating inventories.
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07/08/2023
• Samuel Ord
The Responsible Jewellery Council now has the ability to vote on the expulsion of members that bring the organisation into disrepute.
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25/07/2023
• Samuel Ord
The US Department of State has expanded its sanctions to include newly appointed Alrosa CEO Pavel Marinychev as the conflict in Ukraine continues.
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01/06/2023
• Samuel Ord
The world’s largest diamond mining company, the De Beers Group, has issued a statement denying claims it sold diamonds sourced from Russia.
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07/03/2023
• Samuel Ord
A US jewellery industry trade body has issued an alert to members forewarning of incoming sanctions on the import of diamonds originating from Russia.
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20/02/2023
• Samuel Ord
As debate continues to swirl around future economic penalties expected to be implemented against Russia in response to the invasion of Ukraine, the impact of these sanctions has been dramatically undermined.
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