13 December 2013
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Tacy's 2012 Diamond Pipeline: A Year of Volatility, Losses and Uncertainties
Dib 753 features the Tacy Ltd. 2012 Diamond Pipeline. Chaim Even-Zohar reflects on the 2012 pipeline and analyzes trends effecting its various levels, such as price volatility, stock appreciation, diamond recycling, diamond content in jewelry, retail demand, etc.
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DIB 788: The Trouble With Man-Made Love
In DIB 788, Chaim Even-Zohar talks about a recent visit to a synthetic diamond-jewlery retail store in South Carolina, where he learned of positive versus negative positioning of both man-made and natural diamond jewelry as well as the consumer niche for man-made diamonds.
CREATING MAN-MADE ARTIFICIAL NOMENCLATURE
Far below the radar screen, some well-meaning but self-deluding European diamond-industry leaders met in Antwerp for a further discussion on the draft of a proposed International Standa...
THE TROUBLE WITH MAN-MADE LOVE
It is darn hard to change time-honored conceptions and accept that what was true yesterday is no longer true today. When recently visiting a small, nondescript and modest diamond-jewelr...
SOLVING THE MISSING-DIAMONDS IMBROGLIO: REMINISCING ABOUT THE U.S. STOCKPILE AND DIPLOMACY
Last week's DIB expos? on the U.S. Kimberley Process (KP) Review Mission Report reached the halls of the KP Plenary Meeting in Johannesburg before its final sessions. The editorial enco...
KP AMERICAN STYLE: FIGURES DON'T ADD UP...
A few months ago, DIB published an editorial titled "After 10 Years: The United States is Still NOT Meeting the Minimum Kimberley Process Requirements" [see DIB#764]. Direct triggers fo...
LOSING THE CONFIDENCE OF GOVERNMENTS? DIAMANTAIRES UNDER LEGAL SCRUTINY
Industry players are continuously worried about consumer confidence. What happens if the consumer finds out that his/her lovely piece of jewelry contains undisclosed synthetic or treate...
DE BEERS WITHOUT VARDA SHINE - DIAMOND CAPTAIN FORCED OFF A SINKING SHIP
Industry insiders had known for quite a while that Varda Shine, De Beers Executive Vice President of Global Sightholder Sales, would be leaving the organization at the end of January 20...
SYNTHETIC CVD PRICES BASED ON NATURAL EQUIVALENTS - JATIN MEHTA'S FINGERPRINTS ALSO IN CHINA?
Demand for certain ranges of polished diamonds is, to quote one New York trader, "almost hysteric. The demand coming from the major retail chains is almost impossible to fill - while pr...
ABN AMRO: FOCUSING ON BALANCING RISK AND REWARD IN PARTNERSHIP WITH CLIENTS
Despite persistent market rumors that diamond-industry banks are withdrawing their financing from the sector, the CEO of ABN AMRO's International Diamond & Jewelry Group (ID&JG), Erik J...
THE SYNTHETIC PLAGUE IS BECOMING AN EPIDEMIC - ANOTHER DE BEERS SIGHTHOLDER CAUGHT IN THE ACT
This is as close to an "eyewitness report" as we can give in real time. At the end of August/early September, a New York polished dealer made several submissions to the Gemological Inst...
TRANSPARENCY IN LAB OWNERSHIP - HENNIG'S IGI SHAREHOLDING IMBROGLIO
The world's largest diamond-grading laboratory, the Gemological Institute of America (GIA) has an annual turnover of some US$180 million and enjoys a profit margin of some US$50 million...
ROCKWELL DIAMONDS MOR OPERATIONS BOOST Q3 PRODUCTION 54%
Rockwell Diamonds Inc. produced 9,148 carats of diamonds during the third quarter ended November 30, 2013, an increase of 54 percent year over year. The company sold 6,066 carats during...
STELLAR INKS JV ON BAOULE DIAMOND PIPE IN GUINEA
AIM-listed Stellar Diamonds plc has entered into a joint venture (JV) agreement with Guinean company Societe Tassiliman over the five-hectare diamondiferous Baoule kimberlite pipe in Gu...
ANTWERP TO HOLD FIRST ZIMBABWE DIAMOND TENDER THIS WEEK
The first diamond tender of rough diamonds from Zimbabwe will take place this week in Antwerp under the umbrella of the Antwerp World Diamond Centre (AWDC).
ZIMBABWE LAUNCHES LOCAL DIAMOND BENEFICIATION
Zimbabwe is now ready to provide diamond beneficiation through its Zimbabwe Diamond Technology Centre (ZDTC), which was established to enable locals to add value locally to the country'...
ZMDC BOARD RESTRUCTURING UNDERWAY
A list of nominees that will compose the board of directors at the Zimbabwe Mining Development Corporation (ZMDC) has been submitted to the Zimbabwe Ministry of Mines and Mining Develop...
AFRI-CAN MARINE ENTERS MOU FOR DEVELOPMENT, MINING OF DFI MINING LICENSE 111 AND EPL 3403 OFF NAMIBIAN COAST
Afri-Can Marine Minerals Corporation has signed a Memorandum of Understanding (MoU) with International Mining and Dredging Holding Ltd (IMDH) for the development and mining of the minin...
BLUE NILE TEAMS WITH NORDSTROM TO DISPLAY JEWELRY AND BOOST ONLINE SALES
Seattle-based online diamond and diamond-jewelry retailer Blue Nile has partnered with specialty retailer Nordstrom to physically display some of its diamond rings in stores in an exper...
GITANJALI GROUP EXPANDS NAKSHATRA BRAND AT PARIS GALLERY IN UAE
Bollywood actresshas introduced a new jewelry collection comprising her favorite pieces from the Gitanjali Group's Nakshatra diamond-jewelry brand at Gulf luxury retailer Paris Gallery ...
PANGOLIN DIAMONDS: DRILLING RESULTS REVEAL NO KIMBERLITE AT JWANENG SOUTH TARGET
Pangolin Diamonds Corp. reports that no kimberlite was intersected during the now-complete core drilling program at the GK6 geobotanical anomaly at its wholly owned Jwaneng South diamon...
IDE LAUNCHES AWARENESS CAMPAIGN ON SYNTHETIC DIAMONDS
The Israel Diamond Exchange has begun an awareness campaign to ensure that its 3,500 members are "fully informed of the far-reaching implications of trading -- knowingly or unknowingly ...
DIAMOND INTELLIGENCE BRIEFS
DIAMOND INTELLIGENCE BRIEFS - ISSUE 789
Inside this Issue: Creating Man-Made Artificial Nomenclature... IBM Aids Indian Jewelry Sector in IT Transformation...GJEPC, GII Inaugurate Diamond Detection and Resource Centre in Mumb...
DIAMOND INTELLIGENCE BRIEFS -ISSUE 788
Inside this Issue: The Trouble with Man-Made Love...AWDC, Alrosa Reinforce Ties with Cooperation Agreement, Zimbabwe Welcomes Foreign Investment in Diamond Industry...Zimbabwe Promotes ...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 787
Inside this Issue: Solving the Missing-Diamonds Imbroglio - Reminiscing about the U.S. Stockpile and Diplomacy...DMIA NY Meeting on Synthetics to Have Heavy U.S. Trade Presence...KBC's ...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 786
Inside this Issue: KP American Style: Figures Don't Add Up...Industry Responses...GJEPC Aims to Boost India's Gemstone Trade with Russia...DMIA Calls for Unified Industry Stance on Undi...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 785
Inside This Issue: Losing the Confidence of Governments? Diamantaires under Legal Scrutiny...New York Bourse Honors Investigative Reporting...GJEPC Names Victims Rather Than Perpetrator...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 784
Inside this Issue: De Beers Without Varda Shine - Diamond Captain Forced off a Sinking Ship...Antwerp Sends Diamond Delegation to Harare to Discuss Future Supply Trade...ZIm Finance Min...
TACY'S 2010 DIAMOND PIPELINE: YEAR OF REPLENISHMENT, SPECULATION AND RECYCLING
In DIB 654 Chaim Even-Zohar presents the 2010 diamond pipeline and analyzes the factors shaping last year’s growth and recovery. Read about what impacted each level of the pipeline in 2...
TACY LTD.'S 2009 DIAMOND PIPELINE - YEAR OF PIPELINE DESTOCKING AND RESTRUCTURING
DIB 602 includes Tacy's annual Diamond Pipeline and explains why 2009 was an "aberration" for the industry. Chaim Even-Zohar's analysis shows how and where the economic crisis most impa...
TACY'S ESTIMATES OF 2009 GLOBAL NATURAL DIAMOND PRODUCTION
The 2009 pipeline reflects the most severe single-year contraction of the diamond pipeline since World War II as a result of the economic crisis and the resultant liquidity shortages. ...
2008 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 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...
PEW RESEARCH CENTER REPORT ON MILLENIALS: A PORTRAIT OF GENERATION NEXT
The Pew Research Center report, which is discussed in Chaim Even-Zohar's editorial in DIB 788 about a growing trend among Millenial consumers toward purchasing synthetic diamonds, desri...
ALROSA RELEASES RESULTS FOR FY 2012
Alrosa releases its investor presentation for the FY 2012, which includes the year's production and financial highights.
OECD DUE DILIGENCE GUIDANCE FOR RESPONSIBLE SUPPLY CHAINS OF MINERALS FROM CONFLICT-AFFECTED AND HIGH-RISK AREAS
The handbook aims to promote a collaborative government-backed, multi-stakeholder approach to responsible supply chain management of minerals from conflict-affacted areas.
DIAMOND SOURCE WARRANTY PROTOCOL
The new Diamond Source Warranty Protocol, launched by the Jewelers of America (JA), the Diamond Manufacturers & Importers Association of America (DMIA), the Jewelers Vigilance Committe...
RJC COMMENTS ON FINAL RULE FOR DODD-FRANK SECTION 1502
The release by the US Security and Exchange Commission (SEC) of the final rule implementing Section 1502 on Conflict Minerals in the Dodd-Frank Wall Street Reform and Consumer Protectio...
DIAVIK MINE ISSUES 2012 MID-YEAR SOCIO-ECONOMIC REPORT
Rio Tinto's wholly owned Diavik Diamond Mines Inc., operator of the Diavik diamond mine in Canada's Northwest Territories, has released its 2012 mid-year socio-economic monitoring repor...
ALROSA'S Q1 FINANCIAL AND OPERATIONAL RESULTS
Alrosa's Q1 2012 financial and operational results
HARRY WINSTON DIAMOND CORPORAITON 2012 ANNUAL REPORT
The 2012 Annual Report of integrated diamond firm Harry Winston Diamond Corporation.
U.S. DISTRICT JUDGE'S MOTION TO DISMISS LKI'S RICO COMPLAINT AGAINST ADB SEPEMBER 5, 2012
Attached is the reasoning of U.S. Disctirct Judge Andrew Carter's motion on September 5, 2012, to dismiss the RICO suit brought by LKI against ADB.
U.S. SENATE REPORT ON 'U.S. VULNERABILITIES TO MONEY LAUNDERING, DRUGS, AND TERRORIST FINANCING: HSBC CASE HISTORY'
A report by the U.S. Senate's Permanent Subcommittee on Investigations titled U.S. Vulnerabilities to Money Laundering, Drugs, and Terrorist Financing: HSBC Case History.
MICHELLE FAIRHURST'S ANTITRUST CLASS ACTION AGAINST ANGLO AMERICAN AND DE BEERS (AND OTHERS)
In 2007, Michelle Fairhurst of Squamish, British Columbia, filed an antitrust class action lawsuit against Anglo American, De Beers and others alleging that the defendants were engaged ...
LKI VERSUS ANTWERP DIAMOND BANK AND KBC - FULL TEXT OF COMPLAINT
Available for download is the full text of the Lazare Kaplan International complaint against the Antwerp Diamond Bank and KBC.
U.S. APPEALS COURT TO RE-HEAR DE BEERS US$295 MILLION SETTLEMENT CASE
A U.S. appeals court has ordered a re-hearing of the De Beers antitrust settlement case following the filing of an amicus brief by the Diamond Manufacturers & Importers Association of A...
FATF'S INTERPRETIVE NOTE TO SPECIAL RECOMMENDATION IX
To greater understand the objectives and definition of Special Recommendation IX, which the Israeli Tax Authority and the Israeli Diamond Controller of the Ministry of Industry, Trade a...
FATF IX SPECIAL RECOMMENDATIONS
Recognising the vital importance of taking action to combat the financing of terrorism, the FATF has agreed these Special IX Recommendations, which, when combined with the FATF Forty Re...
COURT DOCUMENTS: LKI SUES INSURERS FOR $140 MILLION
Lazare Kaplan International (LKI) has filed a lawsuit in the Southern District of New York against a number of insurance companies claiming $140 million in diamond losses. LKI and fello...
BANK OF BOTSWANA TO LEAVE BANK RATE UNCHANGED AT 10%
The Bank of Botswana Monetary Policy Committee has decided to leave the bank rate unchanged at 10 percent for the fourth consecutive time. To read the decision in full, click on the ico...
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 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...
INDIAN DIAMOND INDUSTRY HONORS CHAIM EVEN-ZOHAR FOR LIFETIME CONTRIBUTIONS TO INTERNATIONAL DIAMOND INDUSTRY
Industry analyst Chaim Even-Zohar being awarded by the Indian industry for his lifetime contributions to the international diamond industry. From Left to Right: Former chairman of the ...
HARRY 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