Petra Diamonds’ latest sale crowns “strong” year

The miner saw prices for its rough diamonds climb 7.7% from the previous sale of fiscal year 2022.

Cecilia Jamasmie | June 30, 2022 | 5:51 am

Russia hits back at attempts to ‘politicize’ its diamonds

Country said attempts to question its compliance with the international diamond certification scheme were "totally unfounded" and "far-fetched".

Reuters | June 29, 2022 | 7:53 am

When you buy diamonds, think of Bucha, Ukraine envoy says

Ukraine has accused the Russian military of executing residents of Bucha, a town outside the capital Kyiv that Russian troops had occupied for several weeks.

Reuters | June 24, 2022 | 8:40 am

China backs Russia in opposing bid to redefine conflict diamonds

China agrees that the Ukraine issue falls outside the scope of the Kimberley Process.

Reuters | June 23, 2022 | 9:56 am

De Beers sale shows stronger US and Chinese demand

De Beers sold $650m of diamonds, slightly up from $604m at the previous sale this year, but higher than the $477m this time in 2021.

Cecilia Jamasmie | June 22, 2022 | 10:13 am

Russia eyes new rules on state’s gold, gem sales amid war

The Finance Ministry proposed this week to put a portion of the country’s gold and gems into a special reserve that can be accessed in times of war.

Bloomberg News | June 21, 2022 | 12:34 pm

Civil society group flays diamond watchdog over Russia stalemate

The United States and Britain have imposed sanctions on Russia's Alrosa, the world's largest producer of rough diamonds, which accounted for around 30% of global output last year, and is partly state-owned.

Reuters | June 20, 2022 | 4:20 pm