OFAC has issued two licenses addressing the issue, one for diamond-set jewelry and one for loose diamonds.
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The European Union has delayed its deadline for implementing a “robust” traceability mechanism for rough diamonds by six months.
The group met with lawmakers to raise awareness about the financial, operational, and supply chain harms posed by an EU proposal.
Sarine Technologies and Tracr will hold a free webinar Wednesday on what retailers need to know about the new rules.
U.S. Customs and Border Protection has released new guidance as the G7’s effort to restrict the circulation of Russian diamonds ramps up.
Ukrainian jewelry designer Valeriya Guzema’s charitable “Freedom” collection is inspired by hope for the country’s future.
The European Union also has sanctioned the diamond mining company’s CEO, Pavel Marinychev.
The EU also provided details on the carat weight threshold, and how it will track rough diamonds.
Centered on a sunny heliodor, the “Links” pin was designed by Ukrainian jewelry artist Inesa Kovalova.
It provides a timeline for the implementation of new restrictions, but no details.
Economic slowdowns, geopolitical tensions, and the rising popularity of lab-grown diamonds are clouding the outlook for mined diamonds.
Grib is the Belgium-based subsidiary of Russian company JSC AGD Diamonds, which also was sanctioned.
Pavel Marinychev was appointed as leader of the diamond mining company in May.
OFAC sanctioned four companies it claims are helping fund the Wagner Group, the organization that just attempted a coup in Russia.
Sergey Ivanov Jr., who is under U.S. sanction, is out, replaced by Almazy Anabara CEO Pavel Marinychev.
The mood among diamantaires is fairly optimistic despite the challenges brought about by sanctions and a cloudy economic outlook.
Shah talks with National Jeweler about diamond demand, lab-grown, and why it’s difficult to make predictions about the U.S. market.
New regulations could block the pathway that allows diamonds cut and polished outside of Russia to enter the United States.
Experts and Editor-in-Chief Michelle Graff share views on natural diamond prices, lab-grown supply, and diamond jewelry sales in 2023.
In the final “My Next Question” of 2022, National Jeweler’s editors discuss the year’s top stories and reveal their predictions for 2023.
According to Russian news sources, the sanctioned head of the diamond company is leaving to take a job with an investment group.
The colored stone company will donate 100 percent of the proceeds to a charity that supports the country.
The company upped its 2022 production guidance despite warning of a potential slowdown in diamond jewelry sales. Here’s why.
The U.K, Canada, and Japan have also banned the import of gold originating from Russia.
The 2008 economic crisis, COVID-19, and sanctions on Russian goods have set the stage for an interesting decade for natural diamond supply.