07 March 2014
Home Page
About Us
Activities
Corporate History
Management
Stakeholders
Contact Us
Services
Organisations
Miners & Explorers
Financial Players
Industry Parties
Conference Support
Specialist Services
Media Services
Publications
Financing the World's Most Precious Treasures
Diamond Intelligence Briefs
From Mine to Mistress
DiaCompliance
Anti-Money Laundering
AML (Hebrew Version)
Rough Book (Hebrew)
Links
Miners
Retailers
Manufacturing
Organizations
Conflict Diamonds
Other Useful Sites
Forum
VIEWS
TACY'S MEMO
Opinion
Analysis
NEWS
Mining & Exploration
Rough Trade
Polished Wholesale & Manufacturing
Retail
Governmental
Labs & Trade and Industry Bodies
Branding & Marketing
Legal
Financial
Diamond Pipeline
Statistics
ARCHIVE NEWS - PRE 2008
People
Regional Issues
Created Diamonds
Civil Society
Ethics
Development Issues
Conflict Diamonds
Auctions
Kimberley Process
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
TACY RESEARCH
Tacy's Reports
Tacy's Research
Tacy's Presentations
RESOURCE LIBRARY
Company Reports
Kimberley Process
NGO Reports
Government Reports
Conflict Diamonds
Producer Marketing Documentation
Trade Organization Guidance
Supplier of Choice
LEGAL
Laws and Regulations
Court Documents
Anti-Money Laundering
Best Practice Principles
Compliance
Competition
Banking
FINANCE
Basel II
Compliance
Decisions
PICTURES
Botswana
De Beers Archive Pictures
Conference Photos
India
Zimbabwe
SITE MAP
MY ARTICLES
created by
CyberServe
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 801: Yinren May Get the Bank by Default
DIB 801 revisits the acquisition deal of the Antwerp Diamond Bank by the Yinren Group. Chaim Even-Zohar discusses the pending approval or disapproval of the National Bank of Belgium of the deal, and what it may mean for the industry.
VIEWS
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...
IN 'THE KITCHEN' OF THE FATF DIAMOND MONEY-LAUNDERING REPORT
The Financial Action Task Force's (FATF) "Money Laundering and Terrorist Financing through Trade in Diamonds" report recently released by the FATF/Egmont Group was met by the diamond in...
BITCOINS FOR DOMESTIC RETAIL...BUT NOT BEYOND
The topic of Bitcoins has become increasingly widespread amid international headlines since the currency's inception in 2009. While the concept of virtual currency is fascinating in an...
FACT OR FICTION? ADB'S 'CINDA-RELLA' STORY
Earlier this month, the heads of the Yinren Group, President Shen Xiaoan and his deputy Simon Lu, embarked on a charm offensive in Belgium following the December 19, 2013, announcement ...
TWO WORLDS APART: YINREN IS FROM MARS AND ADB IS FROM VENUS
The self-proclaimed Yinren Group, which is trying to purchase the Antwerp Diamond Bank (ADB) from KBC, gives curiously conflicting signals on its activities in the United States
A RENAISSANCE OF BLOOD DIAMONDS IN THE BELGIAN PRESS AND PARLIAMENT
It's hard to understand the timing, but all of the sudden we are seeing many articles in the Belgian press with headings such as "The Kimberley Process has Failed," which take issue wit...
CHINESE RESCUE AVERTS LIQUIDATION OF ANTWERP DIAMOND BANK - BUT WILL TRIGGER REGULATORY PROBLEMS
December 16, 2013, was the absolute last deadline for Belgian financial services group KBC to sell its Antwerp Diamond Bank (ADB) subsidiary "in an orderly fashion" in accordance with t...
>>
more articles
NEWS
ROBERT MHLANGA JOINS DUBAI DIAMOND EXCHANGE BOARD OF DIRECTORS
The Dubai Diamond Exchange (DDE) has further expanded its Board of Directors with the appointment of Dr. Robert Mhlanga, Chairman of Mbada Diamonds.
IVORY COAST TO URGE UN TO LIFT DIAMOND EXPORT BAN
Ivory Coast will appeal to the United Nations to lift its ban on the country's rough diamond exports next month, reports Reuters, citing an unnamed government official.
ZIMBABWE'S EARNINGS FROM MINERAL EXPORTS COULD REACH $2.4 BILLION IN 2014
Earnings from Zimbabwe's mineral exports are projected to reach US$2.4 billion this year, up from US$1.86 billion last year, due to firming global prices, huge capital injections and co...
RIO TINTO WELCOMES TWO NEW BOARD MEMBERS
Anne Lauvergeon and Simon Thompson will join the boards of Rio Tinto plc and Rio Tinto Limited as non-executive directors. Additionally, both will become members of the Sustainability a...
U.S. & INTERNATIONAL DIAMOND WEEK TO FEATURE FANCY COLORED DIAMONDS
An abundance of fancy colored diamonds will be widely available on the trading floor of the Israel Diamond Exchange (IDE) during next month's U.S. & International Diamond Week, which is...
GEM DIAMONDS EARNS $13.5M FROM SALE OF BOTH +160-CARAT DIAMONDS
Gem Diamonds Limited has announced the sale of both +160-carat diamonds, which were recovered from the Letseng mine in Lesotho at the end of January 2014.
RIO TINTO TO HOLD FIRST ROUGH TENDER OF 2014 IN ISRAEL, ANTWERP
Rio Tinto will be holding its first rough diamonds tender of the year in Israel and Antwerp from March 9 to March 28. Comprising 124 lots of rough diamonds from its Argyle diamond mine ...
SUNRISE RESOURCES CLEARED FOR DRILLING AT AUSTRALIAN DIAMOND PROJECT
Diversified mineral exploration and development company Sunrise Resources plc has been given clearance to drill the diamondiferous Soapy Bore kimberlite at its wholly owned Cue diamond ...
BUYER DEFAULTS ON SOTHEBY'S $83M PINK DIAMOND PURCHASE
Last November, New York diamond cutter Issac Wolf outbid three other bidders during a Sotheby's Magnificent Jewels auction in Geneva to win the most expensive gemstone ever, the 59.6-ca...
>>
more articles
DIAMOND INTELLIGENCE BRIEFS
DIAMOND INTELLIGENCE BRIEFS - ISSUE 801
Yinren May Get the Bank by Default...Belgium's Polished, Rough Trade Grows in January 2014...India Eyes Alrosa as Supplier of Local Diamond-Processing Industry..Cameroon to Produce Upda...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 800
Inside this Issue: GIA: Too Big to Fail...Zimbabwe Govt. Considers Diamond Bourse...Woman Arrested in Toronto for Smuggling 10,000 Diamonds Hidden in Body...Zimbabwe Reduces License Fee...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 799
Inside this Issue: De Beers Sold $5.8-5.9 Billion Worth of Rough in 2013...GIA Provides Indian, South African and Dubai Bourses with Synthetic Diamond Detectors...Raging Diamond Wars fr...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 798
Inside this Issue: In 'the Kitchen' of the FATF Diamond Money-Laundering Report...IDE Launches Diamond Tender Facility for First Rough Tender...GJEPC Collaborates with De Beers to Detec...
DIAMOND INTELLIGENCE BRIEFS - ISSUE 795
Inside this Issue: Fact or Fiction? ADB's 'Cinda-rella' Story...Bank Leumi Pulls Out of New York Diamond Financing... Petra Diamonds Recovers a 29.6-Carat Blue Diamond...Angola's Endia...
>>
more articles
TACY RESEARCH
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...
>>
more articles
RESOURCE LIBRARY
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.
>>
more articles
LEGAL
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...
>>
more articles
FINANCE
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...
>>
more articles
PICTURES
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
>>
more articles