09 September 2010
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VIEWS TACY'S MEMO
DE BEERS ADJUSTS SALES MECHANISM TO OPTIMIZE REVENUES
26 August 2010
This week's decision by De Beers to enable Diamond Trading Company (DTC) sightholders to participate in Diamdel auctions represents a major move by the company to do what it is supposed...
GARETH'S LEGACY
28 July 2010
A few months ago, I asked De Beers Managing Director Gareth Penny when he was planning to leave the company since he had always intimated that he wouldn't stay in the job for more than ...
ASSESSING VARDA'S MID-TERM ASSESSEMENT
13 July 2010
In a quite refreshing manner, Diamond Trading Company (DTC) Managing Director Varda Shine has given her assessment on the diamond market's performance during the first half of 2010 and ...
NEEDLESS NOISE OVER A ONE PERCENT MISTAKE
29 June 2010
Astonishment and disbelief swept the floors of the recent Kimberley Process (KP) Intersessional Meeting when word came out that the conflict diamond NGOs would allow the resumption of r...
THE LAST MEMO
06 May 2010
This week, exactly eight years ago, I had the privilege of publishing the first Tacy's Memo in this space on IDEX Online. That first contribution was titled "Diamond Merchants Going Ups...
MARANGE DIAMONDS IN DUBAI: SMUGGLED AND OFFICIAL
05 May 2010
Sources in Dubai have confirmed that a dozen or so parcels of rough diamonds officially imported from Zimbabwe's Marange diamond area have recently been seen in the local market. These ...
A $4.5 MILLION DIAMOND LOSS UNDER THE TABLE!
08 April 2010
Some time ago, we closely followed the incredible court drama about an Ohio jeweler who claimed to have purchased a pink diamond worth $2.5 million for only $8,000 from an unidentified ...
THE INDUSTRY'S DUBAI IMBROGLIO
01 April 2010
A few weeks ago, I was interviewed on an Israeli television news show as someone "who would know something about Dubai." The interviewers must have chosen me by default, as I assume tha...
BETWEEN CRYSTAL BALLS AND RESEARCH: DIAMOND DEMAND FORECAST FOR 2016
25 March 2010
How will the diamond world look in 2016? This may be the least of our worries today, but it is nevertheless a vital "piece of information" for the future planning of one's business. Acc...
DE BEERS' MINING POLICY: A RETURN TO AMBIGUITY
18 March 2010
From transparency back to ambiguity. This is the only way one can interpret the messages about the planned rough allocation policies that the DTC sent out this week to clients and ban...
AND THE OSCAR GOES TO... INDIA!
11 March 2010
During a recent trip to India, I realized something: from all the cutting and trading centers in the world, India has been the most successful in turning the economic and financial cris...
MONITORING MARANGE: MEANINGLESS WINDOW DRESSING
28 February 2010
Some good and bad news can be reported on the progress made by the Kimberley Process Certification System (KPCS) to appoint a Monitor for the Marange diamond fields of Zimbabwe. The goo...
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