June 24, 2022

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.

June 23, 2022

China backs Russia in opposing bid to redefine conflict diamonds

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

June 22, 2022

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.

June 21, 2022

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.

June 20, 2022

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…

June 16, 2022

Top producer Russia thwarts move to redefine ‘conflict diamonds’

The rift in the Kimberley Process, which certifies rough diamond exports, risks paralyzing the body which makes decisions by consensus.

June 14, 2022

Gem Diamonds finds 245-carat diamond at Letseng

The white diamond, found over the weekend, is third one over 100 carats recovered this year at the company's mine in Lesotho.

June 13, 2022

Gem Diamonds unearths 245-carat stone in Lesotho

It is the third diamond of over 100 carats recovered from the Letšeng mine within the past three weeks.

June 9, 2022

Six people killed in Congo diamond mine cave-in

Workers had been tunnelling underground at a mine near the provincial capital Tshikapa when an accident occurred.

June 8, 2022

Alrosa nixes dividend as economic sanctions bite

The company is subject to stinging economic sanctions levied by the West against Russia for its war in Ukraine.