G7 ban on Russian diamonds enters final phase as traceability rules bite
The final phase of G7 sanctions on Russian diamonds took effect on 1 January 2026, requiring a due diligence statement of origin for polished stones entering G7 markets.
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DRC lifts eight-month cobalt export ban, ushers in quota era
The Democratic Republic of Congo formally lifted its cobalt export ban on 16 October 2025, moving to a quota system after eight months of suspension that had roiled global battery-metal markets.
Trump exempts gold bars from tariffs after Swiss customs scare
A US customs ruling that 1kg and 100oz gold bars from Switzerland were subject to tariffs briefly unsettled bullion markets, until Trump said gold would not be tariffed.
Debswana seeks $6bn to take Jwaneng underground
Debswana is seeking about $6bn on international capital markets to fund an underground expansion at Jwaneng that would keep the mine running to 2054.
Diamond slump drags on Namibia's growth outlook
Namibia's government trimmed its 2025 growth forecast to 4.5%, citing weak diamond markets and steep production cuts at De Beers as a drag on the economy.