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De Beers Assures the Industry about Buying Diamonds with “Confidence”

The statement follows US sanctions on the importation of Russian diamonds
De Beers Diamond Sourcing
Credit: De Beers

Following sanctions imposed by the US on Russian mining giant Alrosa, De Beers, its biggest rival, has issued a statement assuring retailers they could buy from them “with confidence,” IDEX Online reports.

 

Diamond Mining Vessel boat sea De Beers
Credit: De Beers

 

Recently, US president Joe Biden issued an executive order that prohibits the import of rough gem-quality diamonds from Russia into the US.

 

De Beers Store in Kuwait
Credit: De Beers

 

In the statement, De Beers said that all its diamonds are mined in Botswana, Canada, Namibia or South Africa. “De Beers Group is committed to working with Sightholders to support the United States’ demand needs and to provide the origin and impact of every diamond we discover and sell,” it said.



Tags: Diamonds News, Diamond Industry News, Alrosa News, Mining News, De Beers News, Anglo American News

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