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Diamond Shavings: Your Friday Web Roundup
June 27, 2008
Well it was another, um, exciting week ..
Whitehall goes Chapter 11.
- Will auction its assets.
- Is there a buyer?
- Hearing report: Memo madness! Seiko sues.
- Creditor list.
- The “Warren Buffett way.”
House of Taylor: A house of pain.
- Ends operations.
Hong Kong Show: Middling.
- “Record number” of exhibitors.
Birks and Mayors: Sales up, profits down.
This just in ... De Beers plans price increase.
Sylvain Ringer dies. Very sorry to hear.
Jacob the Jeweler sentenced.
- The Smoking Gun has more Jacob dirt.
Diamond investment fund raises $74 million.
- Chaim’s take.
Royal Asscher disavows Fabrikant.
- Fortgangs get hearing.
Ebay changes jewelry listing policy. Fine vs. fun!
Hearts on Fire sues Blue Nile.
WFDB: Don’t buy Venezuela’s diamonds.
- NGO report on Cote de Ivore conflict diamonds.
- Diamond laundering in Zimbabwe.
Signet gets new credit deal.
Diamond wholesaler joins Zale board.
New Jersey jewelers target “used jewelry”bill.
Consumer confidence index declines.
Fake diamond rough?
Gassman: Harry Winston rebounds.
De Beers “Leaders of Africa” summit concludes.
- Is African investment now mandatory?
- Russell Simmons blog post.
LLD Namibia workers on strike.
Mining Watch:
- A diamond mine in India?
- De Beers, NUM make deal.
- West African Diamonds faces takeover.
- Eight killed in Guyanan mine.
Indian Company Financials:
- Rajesh Q4 profits up 47%.
- Suraj 4Q profits up 30%.
- Flawless 4Q profits up 141%.
- Classic profits up 38%.
UNICEF shuns Leviev donations. Somewhere, a yeshiva cheers.
Umbilical cord made into diamond. Next: A platinum placenta!
I agree … this is a very nice De Beers retail ad …
Media Watch:
- Nerve article: Diamonds are “profoundly anti-feminist." (Profoundly!) Jezebel has lively discussion.
- Bloomberg: Jewelry displays risk athlete safety.
- New York Times blog on the “diamond cartel.”
- Indian newspaper on China’s threat to Indian cutting.
- Seeking Alpha on Blue Nile.
From the Blog:
De Beers Plans Price Increase.
Who Will Buy ... Whitehall's?
Report from Whitehall Hearing
The Warren Buffett Way.
Have a great weekend …
Posted by Rob Bates on June 27, 2008 | Comments (2)