Diamonds and caviar targeted in new UK sanctions on Russia
Silver and wood products from Russia will also be prohibited and tariffs will be increased by 35% on 130 million pounds ($170 million) worth of diamonds and other products,
The world's largest producer of rough diamonds said covid-hit demand started to recover in August but it added a note of caution on longer-term prospects.
The future of the mine in Canada’s Northwest Territories remains uncertain after the company announced that a deal to sell it to a subsidiary owned by its parent company, The Washington Companies, has fallen apart.