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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10/02/2023
• Samuel Ord
The European Union (EU) has confirmed a 10th round of sanctions will be placed on Russia in response to the invasion of Ukraine, leading to further speculation over the future of the diamond industry.
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24/01/2023
• Samuel Ord
As the debate continues to swirl over the future of Russian diamonds in western markets Lucara Diamond CEO Eira Thomas has weighed in, calling for further sanctions.
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16/01/2023
• Samuel Ord
There have been renewed calls from within the European Union to place further sanctions on Russia’s diamond mining industry in response to the invasion of Ukraine.
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11/01/2023
• Samuel Ord
Decreasing demand for diamonds has led to more than 20,000 workers losing their jobs in India's cutting and polishing industry.
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07/12/2022
• Samuel Ord
The CEO of Russian mining company Alrosa, Sergei Ivanov, will step down soon according to reporting from Russian business media.
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03/10/2022
• Samuel Ord
The European Union is currently developing the framework for further sanctions against Russia in response to the ongoing conflict in Ukraine.
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03/10/2022
• Samuel Ord
The Natural Diamond Council (NDC) is expected to lose approximately half of its budget for 2023, a brutal blow for the international industry advocate.
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25/09/2022
• Jeweller Research
Despite various sanctions being imposed on Russia and Alrosa, the country’s largest diamond producer, the international industry is increasingly being divided.
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25/08/2022
• Samuel Ord
Questions have been raised about the effectiveness of economic sanctions placed against mining juggernaut Alrosa following reports that Russian rough diamond sales remain healthy.
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22/08/2022
• Samuel Ord
Russia’s Finance Ministry has released a statement condemning the bid to have diamonds mined in Russia classified as blood diamonds.
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29/04/2022
• Samuel Ord
The jewellery industry remains entangled in hostilities between the UK and Russia as the two countries continue trading economic blows.
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19/04/2022
• Angela Han
It’s no secret that the Responsible Jewellery Council (RJC) has faced a barrage of criticism since the beginning of the Russia-Ukraine war.
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11/04/2022
• Samuel Ord
As the Responsible Jewellery Council (RJC) continues to come under siege for its handling of the Alrosa situation in the wake of the invasion of Ukraine – among other issues – industry experts and commentators have called for it to be restructured instead of dismantled.
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