23 April 2014
Miners & Explorers
Financing the World's Most Precious Treasures
Diamond Intelligence Briefs
From Mine to Mistress
AML (Hebrew Version)
Rough Book (Hebrew)
Other Useful Sites
Mining & Exploration
Polished Wholesale & Manufacturing
Labs & Trade and Industry Bodies
Branding & Marketing
ARCHIVE NEWS - PRE 2008
DIAMOND INTELLIGENCE BRIEFS
Diamond Intelligence Briefs 2014
Diamond Intelligence Briefs 2013
Diamond Intelligence Briefs 2012
Diamond Intelligence Briefs 2011
Diamond Intelligence Briefs 2010
Diamond Intelligence Briefs 2009
Diamond Intelligence Briefs 2008
Diamond Intelligence Briefs 2007
Diamond Intelligence Briefs 2006
Diamond Intelligence Briefs 2005
Diamond Intelligence Briefs 2004
Diamond Intelligence Briefs 2003
Diamond Intelligence Briefs 2002
Diamond Intelligence Briefs 2001
Diamond Intelligence Briefs 2000
Diamond Intelligence Briefs 1999
Diamond Intelligence Briefs 1998
Diamond Intelligence Briefs 1998
Diamond Intelligence Briefs 1997
Diamond Intelligence Briefs 1996
Diamond lntelligence Briefs 1995
Diamond lntelligence Briefs 1994
Diamond lntelligence Briefs 1990
Diamond lntelligence Briefs 1989
Diamond lntelligence Briefs 1988
Diamond lntelligence Briefs 1987
Diamond lntelligence Briefs 1986
Diamond Intelligence Briefs 1985
Diamond Intelligence Briefs 1984
Producer Marketing Documentation
Trade Organization Guidance
Supplier of Choice
Laws and Regulations
Best Practice Principles
De Beers Archive Pictures
Subscribe Now to Diamond Intelligence Briefs for Only US$590 a Year!
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.
Purchase From Mine to Mistress for the Reduced Price of $175!
Until now, we haven't had much room to offer our readers discounts on the purchase of From Mine to Mistress – Corporate Strategies and Government Policies in the International Diamond Industry. But now all that has changed! Click here to order your copy for just $175!
DIB 807: Multi-Stakeholder Initiative Members Rebel against Leadership and Contentious Study
DIB 807 further discusses the Precious Stones Multi-Stakeholder Initiative Working Group and its study - and objections to it from members within the group itself. Chaim Even-Zohar publishes an insider's complaints about the study.
MULTI-STAKEHOLDER INITIATIVE MEMBERS REBEL AGAINST LEADERSHIP AND CONTENTIOUS STUDY
In last week's DIB, we published a letter by South African Mineral Resources Minister Susan Shabangu addressed to the Secretary General of the OECD in which she made it clear that her g...
BLOCKING THE KIMBERLEY PROCESS BYPASS - SOUTH AFRICA WARNS OECD AGAINST ADOPTING 'UNILATERAL' DIAMOND REGULATIONS
The South African government has put the Organization for Economic Co-operation and Development (OECD) on notice of their strong objections to the so-called "Precious Stones Multi-Stake...
SOUTH AFRICAN DIAMOND CORRUPTION: DTC PRICE BOOKS, INTERNAL VALUATIONS AND CLIENT INVOICES 'FLOATING AROUND' IN JOBURG
"Even though every rough diamond is unique, buying and selling them depends upon assigning value to agreed standards of size, shape, color and clarity. De Beers combines these factors i...
RUSSIAN SANCTIONS...AND MY MOTHER
Though sometimes we may wish that reality was different, the diamond industry doesn't operate in a political vacuum. We recall that the greatest obstacle faced by the Kimberley Process ...
REFLECTIONS ON A CVD GEM-QUALITY SYNTHETICS OFFER
During the past few months, diamond industry leaders have made enormous efforts to alert the trade at large to the phenomenon of trading in parcels containing undisclosed mixed syntheti...
FINITE VERSUS INFINITE - THE PRODUCER'S PRICING AND SUPPLY DILEMMA
Last week, BBC News aired an interesting radio program, followed by a print story, about diamonds entitled "Diamonds: Natural and Unnatural Wonders." The segment focuses on De Beers and...
YINREN MAY GET THE BANK BY DEFAULT
My editorial calendar says that I should do a follow-up article on the puzzling story of Yinren's purchase of the Antwerp Diamond Bank (ADB). Why today? Because under Belgian law, there...
GIA: TOO BIG TO FAIL
Let's get straight to the bottom line: at any given moment, the Gemological Institute of America (GIA) and other grading labs will have some US$1.5 billion worth of diamonds in their po...
DE BEERS SOLD $5.8-5.9 BILLION WORTH OF ROUGH IN 2013
Analysts and journalists were quite surprised when Anglo American simply announced in its 2013 financial results that sales of De Beers last year had increased to $6.4 billion from $6.1...
REPORT: MILLENNIALS ARE AVOIDING LUXURY JEWELRY PURCHASES
Today's jewelry brands are failing to connect with affluent Millennials, those young consumers aged 14-34, who prefer to spend their money on technology than on jewelry, says Pam Danzig...
CHRISTIE'S MAGNIFICENT JEWELS SALE IN NEW YORK GARNERS $60.6M
Christie's sale of Magnificent Jewels in New York on April 16 earned US$60.6 million. The highest-grossing lot was a pair of D-color internally flawless diamond earrings, which sold for...
GRAFF DIAMONDS HONORED WITH QUEEN'S AWARD FOR INTERNATIONAL TRADE
London-based Graff Diamonds has received the Queen's Award for Enterprise, an awards program for British businesses that excel at international trade, innovation or sustainable developm...
SARINE TECHNOLOGIES LAUNCHES QUAZER 3 SYSTEM
Advanced diamond planner Sarine Technologies Ltd. has launched its new laser diamond sawing and shaping system, the Quazer 3.
TRANS HEX EARNS $10M FROM MARCH TENDER OF SA PRODUCTION
South African diamond miner Trans Hex has earned US$10.1 million (ZAR 106.5 million) from its March 2014 tender sale of South African production. The company reports having sold 5,886 c...
STORNOWAY COMMENCES DRILLING AT RENARD
Stornoway Diamond Corporation has commenced the 2014 drill program at its wholly owned Renard Diamond Project in the James Bay region of north-central Qu?bec.
ALROSA RECORDS 6% GROWTH IN Q1 ROUGH OUTPUT
Russian diamond conglomerate Alrosa produced 7.9 million carats in the first quarter of 2014, an increase of 6 percent year over year.
PANGOLIN DISCOVERS SECOND AREA WITH A MICRO-DIAMOND AT MMADINARE
Pangolin Diamonds Corp. reports that it has discovered a micro-diamond from 33 soil samples within Block 2 of its wholly owned Mmadinare Diamond Project in north-east Botswana.
KENNADY DIAMONDS: KIMBERLITE INTERSECTED IN 17 OUT OF 18 KELVIN DRILL HOLES
Kennady Diamonds Inc. reports that 18 delineation drill holes have been completed at the Kelvin kimberlite at its wholly owned Kennady North diamond project, with kimberlite intersected...
DIAMOND INTELLIGENCE BRIEFS
DIAMOND INTELLIGENCE BRIEFS - ISSUE 807
Inside this Issue: Multi-Stakeholder Initiative Members Rebel against Autocratic Leadership and Contentious Study...India, Russia Strengthen Diamond Trade Ties; Agree to Share Diamond D...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 806
Inside this Issue: Blocking the Kimberley Process Bypass - South Africa Warns OECD against Adopting 'Unilateral' Diamond Regulations...Alrosa, Dubai Diamond Exchange Pledge to Strenghte...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 805
Inside this issue: South African Diamond Corruption: DTC Price Books, Internal Valuations and Client Invoices 'Floating Around' in Joburg...De Beers: "We Are Launching a Full-Scale Inve...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 804
Inside this Issue; Russian Sanctions...and My Mother...Dubai Diamond Exchange Holds Inaugural Zimbabwe Diamond Tender...Namibia Diamonds Commissioner: Namdeb may Extend mining License.....
DIAMOND INTELLIGENCE BRIEFS - ISSUE 803
Inside this Issue: Reflections on a CVD Gem-Quality Synthetics Offer...De Beers Adds Five Indian Sightholders to Client List...Belgium's February Polished Exports Grow 33% in Value...AW...
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