24 May 2013
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VIEWS TACY'S MEMO
INDUSTRY AT REGULATORY CROSSROADS
05 May 2013
"Conflict diamonds is something the industry has put a lot of effort into addressing. Now we've moved beyond that. Conflict diamonds are a non-issue compared to social responsibility." ...
REFLECTIONS ON A 'TAX AMNESTY'
24 April 2013
"Everybody Does It!" is the title of a new book by Prof. Dr. Michel Maus of the Free University of Brussels, one of Belgium's most eminent fiscal and legal experts. The subtitle of the ...
THE OECD’S DIAMOND CONNECTION: FROM GUIDANCE INTO EU LAW
18 April 2013
Last week we exposed the existence of a new self-appointed group engaging in a conflict-diamond and supply chain dialogue with the OECD. The group, which we dubbed the Brad Teleconferen...
THE HIJACK OF INDUSTRY’S CONFLICT DIAMONDS LEADERSHIP
10 April 2013
The date is April 4, 2013. The chairman of an African state-owned rough diamond marketing company found a bizarre and anonymous message in his e-mail inbox. The subject: "Save the Date ...
2012: YEAR OF VOLATILITY, LOSSES AND UNCERTAINTIES
03 April 2013
The best thing one can do about 2012 is to simply forget that it ever happened! The market contraction and the drop in rough and polished prices that started in the last quarter of 2011...
IIA TECH - THE WORLD’S LARGEST SYNTHETIC DIAMOND MINE
29 March 2013
Last year, in a front-page editorial, we crowned Jatin Mehta as the "New Global Gem-Quality Synthetic Diamond Czar", after reporting on his successful buy-out of all minority shareholde...
BANK BORROWING DRIVES INDUSTRY GROWTH
22 March 2013
Stepping out of our diamond economy and looking at the real world outside, there is a consensus that ever since the United States dollar ceased to be pegged to the gold standard (back i...
TURMOIL IN ISRAELI DIAMOND POLITICS
14 March 2013
After weeks of press stories about irregularities in the conduct of the Israel Diamond Institute (IDI), the Government Corporations Authority ordered an investigation into the IDI's aff...
THE STRATEGIES OF THE 'RAILWAY MEN'
08 March 2013
Alrosa and De Beers jointly produce some 68 percent of global diamond output. In what might be just a coincidence, the world's two giant diamond mines are now managed by two ex-"railway...
BALANCING PRODUCTION SHORTFALLS IN BOTSWANA
28 February 2013
Diamond producers each have different rough marketing mechanisms. Looking at world production by value, some 35-40 percent is sold through auctions and tenders. In these marketing syste...
THE GREAT ANTWERP MEDIA HEIST
22 February 2013
Wow! It would probably be a little bit too much to suggest that our friends at the Antwerp World Diamond Center (AWDC) actually planned the whole darned thing, but the US$50 million (or...
BYE BYE BANKS – BUY BUY HAPPINESS…
14 February 2013
Let's hope that famous husband-and-wife team of lyric writers, Felice and Boudleaux Bryant, will forgive me for twisting their famous song "Bye bye love, bye bye happiness". ABN-AMRO Ba...
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