The Natural Diamond Council (NDC) said its Board of Directors received Alrosa’s decision to suspend its membership. In doing so, Alrosa has stepped down from the board and will cease all financial contributions, NDC informed.
“NDC is global organisation whose members’ operations span six continents and more than a dozen countries including Canada, South Africa, Botswana, and Australia. Our mission is to enhance the world of natural diamond jewellery, in support of more than 10 million industry employees and their families around the world, and we will be continuing to promote the industry alongside our many global partners,” it noted. “Our thoughts remain with people impacted by the current geopolitical crisis,” NDC stated.