Could Russian Sanctions Target Russian Diamonds?

(jckonline.com) -  Last week, Russian diamond producer Alrosa unveiled a fascinating new product, a diamond that can be marked with a photo or even music, all part of its larger plan to use nanotechnology to trace diamonds. It’s the kind of clever innovation we have come to expect from the miner, which recently announced a slew of positive news. It’s experimenting with carbon capture to lower its eco-footprint and has released its latest sustainability report. In December, Alrosa signed a cooperation agreement with Antwerp World Diamond Centre. Like most diamond miners, it enjoyed a great 2021—excellent news for its investors, including the Oregon Public Employee retirement fund. But all that might not mean much right now, as the Russian-Ukraine crisis has, fairly or no, put it and other Russian companies under a cloud.