Russia dominated the diamond market in the 1970s with its abundant natural resources and its partnership with De Beers, which at the time was distributing most of the world's diamonds. Perhaps ...

Taadeen has also acquired a 50% stake in Catoca's Luele diamond mine. ... In 2024, the G7 states imposed a direct embargo on Russian diamonds, prohibiting imports through third countries.

Russia’s Alrosa has also been scorched by the changes in the diamond market reporting that production last year at its mines in the Yakutia region of Russia declined by 4.6% to 33 million carats ...

Russian state-controlled diamond miner Alrosa's 2017 production plans remain unchanged despite an accident at its Mir underground mine in eastern Siberia, it said on Monday.

The Alrosa logo is seen at the polishing affiliate of the Russian diamond producer in Moscow, Russia February 12, 2018. Picture taken February 12, 2018.

Globally, diamond mine production in 2022 reached 120.2 million carats valued at US$16.3 billion. This marked a 1.3% increase in carats and a 26% rise in value compared to 2021 when it stood at ...

Alrosa mines largest gem-quality diamond in Russian history An amber-colored crystal weighing 468.30 carats and measuring 56x54x22 millimeters was found in Yakutia MOSCOW, May 8.