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25/09/2022
• Staff Journalist
Australian-based miner Lucapa Diamond Company has discovered 131-carat white Type IIa diamond at its Lulo site in Angola.
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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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03/07/2022
• Richard Chiu
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.
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03/06/2022
• Richard Chiu
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.
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01/06/2022
• Richard Chiu
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.
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01/06/2022
• Richard Chiu
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.
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01/06/2022
• Richard Chiu
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.
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24/05/2022
• Richard Chiu
An estimated 250,000 members of India’s diamond cutting and polishing industry have been placed on unpaid leave for two weeks.
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06/05/2022
• Robert Bouquet
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.
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10/04/2022
• Richard Chiu
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.
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30/03/2022
• Samuel Ord
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.
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29/03/2022
• Samuel Ord
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.
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21/03/2022
• Richard Chiu
Russian mining company Alrosa has resumed exporting rough diamonds to India despite economic sanctions being placed on the country by the US and EU.
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17/03/2022
• Richard Chiu
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.
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