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Alrosa’s assets in the bloc will be frozen along with those of its chief, who will also be subject to a travel ban
Consumers have cut back on buying the stones in response to the cost of living crisis
Resistance from industry’s hub Antwerp seen as key to bloc’s reversal of mooted import ban
Diamond sales have held up thanks to pent up demand from consumers following the pandemic
Rational behaviour by leading producers has balanced the market and helped prices to rebound
Russia’s Alrosa says inventories are at historic lows, blaming mine closures and lack of new projects
Weak prices should mean consumers have luxury of time when shopping for rings
Chief Sergei Ivanov blames tensions for wiping out sales targets and curbing profits
State-owned miner tests rouble payment system as both countries turn sceptical on dollar
Controversial plan for new $7.5bn levy shelved after widespread criticism
New levy that seeks to raise $7.5bn from 14 companies criticised as badly thought-out
Groups led by De Beers grapple with challenge of young adults eschewing marriage
World’s biggest diamond producer maintains dominance at home while expanding abroad
Pledge to cut capital expenditure must be followed through
Share placement in diamond miner kicks off privatisation programme to plug budget deficit
A new advertising campaign hopes to turn millennials into enduring lovers of diamonds
US festive season will have to go well to brighten outlook amid price pressures
Companies told when and how much of their US dollar revenues to convert to roubles
Rosneft and Gazprom among groups told to offload reserves in effort to shore up rouble
Group must show state’s interests are aligned with shareholders
International Edition