President Joe Biden on Friday issued an executive order blocking U.S. imports of key Russian products, including vodka, and banning exports of high-end goods to Russia. The executive action bans imports from key sectors of Russia’s economy, such as seafood, alcohol and …
With natural diamonds not so hot, De Beers is venturing into man-made diamonds with a price war. By Mining.com via Safehaven.com: Anglo American’s De Beers, the world’s No.1 diamond miner by value, has just had the lowest sales for its seventh …
via metro.co.uk: Don’t tell the Hatton Garden gang: scientists just unearthed an eye-watering hoard of diamonds, so valuable it would completely destroy the world’s economy. The scientists reckon there’s a quadrillion tonnes of diamond buried in the ‘cratonic roots’ in continents. …
by howmuch A widely accepted symbol of status and love, diamonds are very valuable and highly tradeable. While they can’t compare with oil or machinery imports, worldwide diamond imports totaled $117.4B in the last year. That’s big business. We wanted to know …