DiamondBuzz
U.S. to Enforce New Diamond Import Rules Requiring Mining Country Disclosure
Starting in April 2025, U.S. importers must declare diamond mining origins to prevent Russian diamonds from entering the market.
In a move to strengthen sanctions on Russian goods, the U.S. Customs and Border Protection (CBP) will introduce stricter regulations for diamond imports beginning in April 2025. Under the new rules, importers will be required to provide additional data on diamond shipments, including the declaration of the Country of Mining. This will help ensure compliance with Executive Order 14114 and prevent Russian-mined diamonds from being imported through third-party countries.
A key part of the update is the introduction of a self-certification requirement. Importers will need to verify that their diamonds do not originate from Russia, submitting this confirmation through the Document Image System (DIS) using the new CBP167 code. This replaces the previous generic label, streamlining the process while tightening scrutiny of diamond sources.
The decision is part of broader international efforts to stop Russian diamonds from entering global markets, especially after the country’s invasion of Ukraine. With these changes, the U.S. government aims to close loopholes that have allowed Russian diamonds to be processed and sold under other country labels.
CBP has been working closely with industry stakeholders and has updated its ACE Cargo Release Implementation Guide to assist with the transition. Importers are encouraged to review the new guidelines and join biweekly trade support calls to stay informed and address any questions.
The new rules will come into effect in April 2025, with the mandatory self-certification document requirement beginning in January 2025. Importers are advised to prepare in advance to avoid potential delays or enforcement actions.
DiamondBuzz
Lost Florentine Diamond Resurfaces in Canada After a Century, Tracing Its Glittering Origins to India’s Golconda Mines
Once a royal treasure of the Medici and Habsburg dynasties, the 137.27-carat gemstone reemerges in a Montreal vault, reaffirming India’s Golconda as the cradle of the world’s most storied diamonds.
The legendary Florentine Diamond — a 137.27-carat light yellow gemstone believed to have originated from India’s famed Golconda mines — has been rediscovered in a Canadian bank vault, ending over a hundred years of intrigue surrounding its disappearance.
According to recent reports, the diamond—once among Europe’s most celebrated royal jewels—was located in a vault in Montreal, safeguarded for decades by descendants of the Austrian imperial Habsburg family. The gemstone vanished after the fall of the Austro-Hungarian Empire in 1918, following Emperor Charles I’s exile, sparking decades of speculation over its fate — whether it was stolen, lost, or secretly sold.
Historians now confirm that Empress Zita, widow of Charles I, discreetly transferred the diamond to Canada during World War II for safekeeping. Its authenticity was recently verified by a European jewellery house that historically served the Habsburg court, confirming the gem’s provenance and preservation.
Renowned for its pale yellow hue and unique double-rose cut with 126 facets, the Florentine Diamond boasts a storied history — from its origins in India’s Golconda mines, to the Medici treasury in Florence, and later as part of the Austrian Crown Jewels in Vienna.
Its rediscovery has reignited global fascination with India’s gem legacy, which gave birth to other iconic diamonds like the Koh-i-Noor, Hope, and Nassak. Experts say the find underscores the importance of provenance and gem heritage in an increasingly globalised jewellery market.
The Habsburg family has announced plans to publicly exhibit the diamond in Canada next year, with potential displays in Europe to follow.
After more than a century of obscurity, the reemergence of the Florentine Diamond not only restores a lost royal masterpiece but also revives India’s enduring connection to the world’s most illustrious jewels.
Lost Florentine Diamond Resurfaces in Canada After a Century, Tracing Its Glittering Origins to India’s Golconda Mines
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