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The Latest Breaking News from Alrosa

EU sanctions Russia's largest diamond producer Alrosa

The European Union has imposed sanctions on Russia's state-run diamond giant Alrosa and its CEO as part of a ban on imports of the gemstones over the Ukraine war.

Radio France Internationale

Russia-Ukraine war: List of key events, day 680

As the war enters is 680th day, these are the main developments.

Al Jazeera

EU targets world's biggest diamond miner as part of Russia war sanctions

The European Union has imposed sanctions on the world’s biggest diamond mining company and its chief executive officer as part of what it says is its “unwavering commitment” to Ukraine in the war against Russia

The Independent UK

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Western sanctions on Russian diamonds set to disrupt a global industry

G7 experts are set to arrive in India on a fact-finding mission this week ahead of the expected announcement of a new embargo on importing Russian diamonds. An EU ban has also been under discussion for months – but imposing new regulations on the global diamond market is no easy…

France 24

First Indian companies sanctioned over trade with Russia, report reveals

Punitive sanctions were imposed on Indian businesses for links with world’s biggest diamond miner Alrosa

The Independent UK

Britain says Russia will ‘pay the price’ for Ukraine invasion as fresh wave of sanctions unveiled

The prime minister launched a new wave of sanctions against Vladimir Putin as he warned that Western leaders are ‘not going away’

The Independent UK

The West's uphill battle to sanction Russian diamonds

Russia counts diamonds as one of its top 10 non-energy exports by value.

Axios

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Factbox-EU keeps on doing business with Russia despite sanctions

With ten rounds of sanctions since Russia invaded Ukraine in February last year, the European Union has rolled out its toughest punishment ever against a foreign country.

Reuters

Belgium’s trade in Russian diamonds continues despite moral pressure

Poland and the Baltic states are pressing for diamonds to be included in the EU’s next round of sanctions

The Guardian - UK

Transparency International urges EU sanctions on Russian diamonds, miner Alrosa

The European Union should bar Russian diamond imports and blacklist diamond miner Alrosa and its head Sergei Ivanov, Transparency International told Reuters on Monday, as the 27-nation bloc prepares new sanctions over Russia's war in Ukraine.

Reuters

Eyes on Belgium as some EU states push for Russian diamond ban

The European Union must stop importing diamonds from Russia, five of the bloc's 27 countries said in a joint proposal seen by Reuters, as the EU prepares new sanctions against Moscow for waging war against Ukraine.

Reuters

Rare pink diamond to boost Angola's troubled mining sector

Miners in Angola have unearthed a rare pure pink diamond, believed to be the largest found in 300 years. Following the US ban on imports of Russian gems, "Lulo Rose" could give Angola's troubled diamond mining industry a welcome boost.

Radio France Internationale

When you buy diamonds, think of Bucha

Consumers should think twice when buying diamonds that could be funding Russia's war, a Ukrainian diplomat said on Friday as a fraught international conflict diamond forum in Botswana came to an inconclusive end.

Reuters

Can India keep the shine on Russia’s diamond industry?

An escape clause in US sanctions allows Russian diamonds to enter global markets after being cut and polished in India.

Al Jazeera

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The Hindu

India studying U.S. sanctions on Russian diamond major Alrosa

Diamonds have been a major component of trade between India and Russia in the recent years

Benzinga

US Sanctions Russian State-Controlled Diamond Miner That Controls 30% Of Global Supply: Bloomberg

The U.S. Treasury has extended sanctions to Russian diamond miner Alrosa PJSC, potentially cutting off about 30% of the world’s supply of rough stones, writes Bloomberg. According to a license from the U.S. Office of Foreign Assets Control, clients of Alrosa and other counterparties must stop all dealings with the miner by…

The Independent UK

Live Updates | Russia acknowledges significant troop losses

Kremlin spokesman Dmitry Peskov has acknowledged that Russia has suffered “significant losses of troops” during its military operation in Ukraine

The Guardian - UK

Moshe Kantor: UK sanctions Russian billionaire over ties to Putin

Kantor is one of eight Russian oligarchs targeted in the latest round of UK government sanctions

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Asharq Al-Awsat

Clock Ticking on Swiss Watches' Raw Materials from Russia

Diamonds shine brightly at this year's Geneva watch fair but the sanctions slapped on Russia could soon force the Swiss watch industry to produce more subdued designs. Russia is a major supplier of diamonds, gold and other precious metals to the luxury watchmakers exhibiting at Watches and Wonders, one of…

The Guardian - AU

Major jewellers to cease buying Russian-origin diamonds after increased scrutiny

Several big name brands including Tiffany, Pandora and Chopard announce a pause on buying raw materials of Russian origin amid war in Ukraine

Asharq Al-Awsat

Jeweller Pandora Cuts Ties with Leading Industry Body over Russia

Jewelry maker Pandora said on Wednesday it had decided to leave the Responsible Jewellery Council (RJC) after the industry body failed to cut ties with Russia. The RJC, which sets ethical standards for the jewellery and watch industry and whose members include Richemont's Cartier and Tiffany & Co, has failed…

The Guardian - AU

Jewellery industry accused of silence over Russian diamonds

Insiders say current sanctions do nothing to halt flow of Russian gems to the west because majority are exported rough and get reclassified in India

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