Russia plans to introduce some diamond export duties this year to support the struggling domestic diamond-cutting industry, a ...

MIRNY, Russia (Reuters) -- Russian Prime Minister Vladimir Putin has pledged $1 billion in state support for diamond miner Alrosa to help it ride out a steep global decline in demand for gemstones.

MIRNY /Yakutia/, August 15. /TASS/. Alrosa, the world leader in diamond mining, has recovered a 136.24-carat diamond from Nyurbinskaya pipe, the company said in a press release on Monday. "The ...

A small group of nations controls the vast majority of the world’s diamond output, shaping a market defined by geology, scale, and uneven distribution. From Arctic mines to African riverbeds, these ...