Diamond Buyers Asking for Too Much Origin Info, Indians Say April 4, 2024 US and European clients demanding self-certification even for goods under 1 carat. Russian sanctions
Sluggish Demand Leads Mountain Province to Loss April 2, 2024 Impairment charge and lower average rough prices in flat market hurt bottom line. Mining
Antwerp Diamond Office Releases Parcel Blockage March 31, 2024 Number of incomplete files drops to 15% from previous 90%, according to AWDC. Industry
Diamond Source Certification March 28, 2024 The advent of G7 Russian sanctions is driving the need to identify and certify the mined source of diamonds — a move that’s as much a commercial necessity as a legal requirement. Russian sanctions
G7 Sanctions Will Harm Botswana’s Diamond Development, Officials Say March 20, 2024 Fresh off the success of its deal with De Beers, the government is concerned the new measures will be a step back for its diamond industry. Russian sanctions
Press Release: Rapaport Requests OFAC Exemptions For Russian Sanctions March 19, 2024 In response to US sanctions regulations effective March 1, Martin Rapaport, Chairman of the Rapaport Group, sent a detailed letter to the US Office of Foreign Assets Control (OFAC). Industry
Rapaport Requests OFAC Exemptions and Clarification on Diamond Sanctions March 19, 2024 Group recommends exemptions for goods purchased before March 1, 2024. Russian sanctions
Sanctions Causing Shipment Delays in Antwerp, Traders Say March 14, 2024 146 Belgian companies sign complaint amid “severe disruption.” Industry
US Sanctions Zimbabwe President for Diamond Smuggling March 10, 2024 Emmerson Mnangagwa also accused of serious human-rights abuses and other corrupt activities. US sanctions