15 July 2009
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2008 Diamond Pipeline
2008 Diamond Pipeline
Chaim Even-Zohar looks back at 2008 and analyzes how each level of the diamond pipeline has been affected by the economic downturn. Journey with us as we show how the industry has experienced market buoyancy, a global credit crisis, deflation and recession.
Continuing Controversy over Diamond Nomenclature
Continuing Controversy over Diamond Nomenclature
In DIB 563, Chaim Even-Zohar exposes more controversy surrounding the CEN Workshop Agreement 47. Learn who is involved and who is left out – and who wants to be left out – of the supposed industry-wide effort to establish harmonized nomenclature for gem-quality lab-created diamonds.
DIB Subscribers Have the World at Their Fingertips!
DIB Subscribers Have the World at Their Fingertips!
DIB subscribers get FREE, UNLIMITED access to ALL materials on our websites. This bonus provides free access to some 1,500 new items each year.
VIEWS
PLAYING WITH FIGURES
In our natural eagerness to search for silver linings in today’s economic crisis, there are as many different viewpoints and parameters as there are analysts. This week’s column focuses...
FILLING BLACK HOLES IN THE SWISS CHEESE SAGA
I firmly believe in the need for journalists to follow up on newsworthy stories. As such, continuing to comment on a report about a prominent Swiss jeweler who wrote to well over 100 of...
OY, THE EVER "CEN-SATIONAL" SARAHOY, THE EVER "CEN-SATIONAL" SARAH
Our readers don’t need an introduction to Sarah Winterton, the political consultant and lobbyist of the London-based The Communications Group (TCG). It was Ms. Winterton who, while bein...
MOUNTING FINANCIAL PERILS
Covenant, covenant... Heaven knows how many diamond companies are technically in breach of their credit covenant with their banks, just because the facility's linkage to sales, profit o...
THE HUMAN RIGHTS DEBATE WITHIN THE KIMBERLEY PROCESS
An estimated 200 officials representing 73 countries participating in the Kimberley Process (KP) will convene in Namibia next week for its "intersessional meeting." During the meeting, ...
TACY LTD. FORECAST: 2009 NEW DIAMOND SUPPLY DOWN 15% BY VOLUME, 45% BY VALUE
Global diamond production in 2009 will run at about 85 percent of production in 2008. Our analysis shows that even in the present year, new supply will exceed demand – and this also tak...
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NEWS
RUSSIANS SEEK DUTCH OR GERMAN VENUE FOR SYNTHETIC DIAMOND FACTORY
The deputy-mayor of the Dutch town of Enschede, in the east of Holland, informed constituents that Russian diamond company Kilada NEA has serious interest in establishing a synthetic di...
DIAMONDS NORTH RESOURCES OPENS CAMP ON AMARUK PROPERTY IN NUNAVUT
Diamonds North Resources Ltd is opening a camp for its crews on its 100 percent owned Amaruk property in the Pelly Bay Diamond District of Nunavut.
NRF: JUNE US RETAIL SALES IN DECLINE DUE TO ECONOMIC WOES
U.S. consumers continued to withhold spending in June despite a wide range of discounts on seasonal merchandise and apparel, says the National Retail Federation (NRF).
IGI EXPANDS ITS LAB IN RAMAT GAN
The International Gemological Institute (IGI) is expanding its full-service gemological laboratory in Ramat Gan as a result of increased demand for services.
SHRENUJ BOTSWANA APPOINTED DTC BOTSWANA SIGHTHOLDER
DTC Botswana has appointed Shrenuj Botswana (Pty) Limited as a DTC Botswana Sightholder. This decision has been taken in order to support the sustainability of diamond manufacturing cap...
DIAMOND DEALERS CLUB OF SOUTH AFRICA ISSUES A FRAUDULENT CERTIFICATES ALERT
The Diamond Dealers Club of South Africa has issued a Fraudulent Certificates Alert.
IDI HELPS ISRAELI DIAMANTAIRES ENHANCE THEIR ONLINE PRESENCE
Through its "Together Works" strategic marketing program, the Israel Diamond Institute Group of Companies (IDI) is helping Israeli diamantaires better understand and utilize the World ...
GJEPC PREPARES FOR INDIA'S DIAMOND TOWN HALL MEETING
India's Gem and Jewellery Export Promotion Council (GJEPC) is organizing the third Diamond Town Hall Meeting following the successful meetings already held in Belgium and Israel.
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DIAMOND INTELLIGENCE BRIEFS
DIAMOND INTELLIGENCE BRIEFS - ISSUE 564DIAMOND INTELLIGENCE BRIEFS - ISSUE 564
In this issue: U.S. Hard-Pressed for Evidence of Glimmer at End of the Tunnel... SA Govt. Officials Voice Preference for Black Anglo American Chairperson... Vybornov Forced Out of Alros...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 563DIAMOND INTELLIGENCE BRIEFS - ISSUE 563
In this issue: Filling Black Holes in the Swiss Cheese Saga ...Oy, the Ever CENsational Sarah ...Zimbabwe to Withdraw Nationalization Law ...Israel Q2 Rough Diamond Trade Low, but Start...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 562DIAMOND INTELLIGENCE BRIEFS - ISSUE 562
In this issue: News, Spins and Misinformation ...Cameroon Wants to Mine Diamonds ...Japan’s Imports of Polished Diamonds Dive a Record 30.8% in April ...Mounting Financial Perils ...KP ...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 561DIAMOND INTELLIGENCE BRIEFS - ISSUE 561
In this issue: Protracted Pain in Tel Aviv ...The IDEX Online Rough Diamond Market Report ...Alrosa’s 2008 Profits Down 89 Percent; Vybornov Loses Board Seat ...Anglo American Rejects X...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 560DIAMOND INTELLIGENCE BRIEFS - ISSUE 560
In this issue: Valuing Botswana ...Pulling the Plugs ...Virginity and the Kimberly Process ...U.S. Diamond Trade in April ...Net Belgium Polished Diamond Exports Rise 28% in May
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TACY RESEARCH
2008 DIAMOND PIPELINE: FROM MARKET BUOYANCY TO GLOBAL CREDIT CRISIS, DEFLATION AND RECESSION2008 DIAMOND PIPELINE: FROM MARKET BUOYANCY TO GLOBAL CREDIT CRISIS, DEFLATION AND RECESSION
The 2008 diamond pipeline reflects the coalescence of two dramatically different periods within a single year: nine months of buoyancy marked by sharply rising rough diamond prices and ...
EMBRACE THE DIAMOND INDUSTRY'S RIPPLE EFFECTEMBRACE THE DIAMOND INDUSTRY'S RIPPLE EFFECT
The now inevitable economic slowdown will impact the entire diamond pipeline, but each will be impacted in a different way - with the diamond cutting centers taking the more severe beat...
SIERRA LEONE DIAMOND SECTOR FINANCIAL POLICY CONSTRAINTSSIERRA LEONE DIAMOND SECTOR FINANCIAL POLICY CONSTRAINTS
Study conducted for US and British governments looks at the plight of alluvial miners and diggers in Sierra Leone. This plight mirrors problems often seen in the Democratic Republic of...
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RESOURCE LIBRARY
LIBERIA'S TRUTH AND RECONCILIATION COMMISSION'S FINAL REPORTLIBERIA'S TRUTH AND RECONCILIATION COMMISSION'S FINAL REPORT
Liberia's Truth and Reconciliation Commission (TRC) has presented its final report [see below] to the National Legislature
HUMAN RIGHTS WATCH: 'DIAMONDS IN THE ROUGH: HUMAN RIGHTS ABUSES IN THE MARANGE DIAMOND FIELDS OF ZIMBABWE'HUMAN RIGHTS WATCH: 'DIAMONDS IN THE ROUGH: HUMAN RIGHTS ABUSES IN THE MARANGE DIAMOND FIELDS OF ZIMBABWE'
Zimbabwe's armed forces are engaging in the forced labor of children and adults, and are torturing and beating local villagers on the diamond fields of Marange district in eastern Zimba...
IDC PUBLISHES UDATED IDC RULES FOR GRADING POLISHED DIAMONDSIDC PUBLISHES UDATED IDC RULES FOR GRADING POLISHED DIAMONDS
The International Diamond Council (IDC), which is responsible for creating international standards for industry rules, working methods and nomenclature, has released an updated version ...
DTC SUPPLIER OF CHOICE SIGHTHOLDER CONTRACT 2008-2011DTC SUPPLIER OF CHOICE SIGHTHOLDER CONTRACT 2008-2011
This item contains the 141 page Supplier of Choice Contract Proposal for the 2008-2011 period and the 33-page long notes for the Contract.
RUSSIA IN THE KIMBERLEY PROCESS
This report examines Russia's role in the Kimberley Process
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LEGAL
FINCEN PUBLISHES 2008 ANNUAL REPORTFINCEN PUBLISHES 2008 ANNUAL REPORT
The U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN), which safeguards the domestic financial system from illicit activity such as money laundering and te...
COURT SIDES WITH ROCKWELL DIAMONDS AGAINST PALA INVESTMENTS HOLDINGS LTD
The Supreme Court of British Columbia has denied the petition of Pala Investments Holdings Limited to strike down the executive directors' proxy for the company's June 17,2009, sharehol...
MICHAEL BEAUDRY INC. FILES FOR CHAPTER 11 BANKRUPTCY - 20 LARGEST UNSECURED CLAIMS
Los Angeles-based jeweler Michael Beaudry Inc. has filed for Chapter 11 Bankruptcy protection. In this item you can download a 22-page PDF that contains the list of creditors holding t...
AML/CFT Report on South African Diamond Industry
The FATF has published a 244-page report summarizing the anti-money laundering (AML)/combating the financing of terrorism (CFT) measures in place in South Africa. The report describes a...
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FINANCE
ALROSA INFORMATION MEMORANDUM
The attached Information Memorandum, dated December 2007, contains information provided by ALROSA Finance S.A. and ALROSA Company Limited in connection with a euro-commercial paper pro...
DIAMANTAIRES THOUGHT TO BE AMONG UBS CLIENTS SUSPECTED OF TAX EVASIONDIAMANTAIRES THOUGHT TO BE AMONG UBS CLIENTS SUSPECTED OF TAX EVASION
Switzerland's UBS bank has entered into a Deferred Prosecution Agreement with the United States Department of Justice and a Consent Order with the Securities and Exchange Commission (SE...
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PICTURES
HARRY OPPENHEIMER AND SIR SERETSE KHAMA AT A MEETING IN GABORONEHARRY OPPENHEIMER AND SIR SERETSE KHAMA AT A MEETING IN GABORONE
This photo shows Harry Oppenheimer and Sir Seretse Khama at a meeting in Gaborone in 1968 to discuss the diamond mining project at Orapa
HARRY OPPENHEIMER, DR. CHIEPE AT OFFICIAL SIGNING OF THE DE BEERS BOTSWANA AGREEMENTHARRY OPPENHEIMER, DR. CHIEPE AT OFFICIAL SIGNING OF THE DE BEERS BOTSWANA AGREEMENT
This image shows Harry Oppenheimer and Dr. Chiepe, the Botswana Minister of Mineral Resources and Water Affairs, at the official signing in 1978 of the agreement between De Beers and th...
BOTSWANA PRESIDENT KHAMA ON A VIST TO AK1BOTSWANA PRESIDENT KHAMA ON A VIST TO AK1
H E President Khama on a visit to AK1
ALFRED BEITALFRED BEIT
ALFRED BEIT
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