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Diamond Glut Dulls The Gem Business Sparkle

A glut of diamonds, both mined and man-made, could be an early present for holiday season shoppers and a crisis for miners, manufacturers, and jewelers. ....

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That diamond ring? It may have helped pay for Russia's war

Some of the profit could have been spent on direct support for the Russian military Big brands like Tiffany and Cartier may mislead their clients by claiming they don't buy Russian diamonds, something they cannot guarantee, and thus make them unwitting supporters of the Russian war effort The biggest diamond companies in the world teamed up to allegedly jeopardize the authorities' attempts to close sanctions loopholes Soon after Russia launched its full-scale invasion of Ukraine, luxury brands like Tiffany and Cartier announced they had stopped buying Russian diamonds. An investigation by the Kyiv Independent has found evidence to the contrary. ....

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Online auctions cancelled by world's largest diamond producer - Jeweller Magazine: Jewellery News and Trends

The world’s largest diamond mining company, the De Beers Group, has suspended all online rough auctions for the remainder of the year. ....

Al Cook , Beers Group , De Beers , Diamond Producer , Diamond Mining , De Beers , De Beers Group , Diamond Sales , Eo Al Cook , Al Cook , Usiness To Business ,

Belgium PM demands widespread support of Russian diamond sanctions - Jeweller Magazine: Jewellery News and Trends

Belgium Prime Minister Alexander De Croo has called on the G7 countries to support additional sanctions on the Russian diamond industry. ....

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Diamond industry grapples with major slump in demand

Trade bodies have asked members to halt the imports of rough stones for two months ....

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