rough diamond

Washington Tightens Sanctions Against World’s Biggest Diamond Miner in Russia

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has expanded sanctions on Russian company Alrosa, a state-owned enterprise that is the world’s largest producer of rough diamonds. “All ...

April 8, 2022BY Naveen Athrappully
Tennis Ball-Sized Diamond Up for Auction, Could Net $70 Million

The 1109-carat beast was discovered in 2015 by Lucara Diamond Corporation in Botswana, according to Sotheby's.

May 4, 2016BY Andrew Simontacchi

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