Diamond Shavings: Your Friday Web Roundup
Sorry, most of the news is pretty bad this week …
Shaky Days …
- Prices plunge at BHP tender.
- Alrosa to slash supplies.
- Bloomberg: RBDC Capital lowers forecast.
Luxury consumer confidence “in free-fall.”
- Selling luxury - in un-luxurious times.
- The Economist: American retailers "struggling." (via Retailwire.)
- Reports from Idex, polishedprices, Rapaport.
- Local press coverage (not in English): De Tijd, HLN, Express.
Botswanan bank tries diamond financing.
Fire at Mumbai bourse.
- Panama exchange opens.
Ken Gassman on Zale.
- GLG and Clusterstock on Tiffany.
Red tape “strangling” South African industry.
New colored diamond investment fund debuts.
PAC: Illicit diamond trade “growing.”
- Full report. (PDF) Worth reading.
Boscov’s auction postoned.
- Liqudiating Mervyns offers 65 percent off diamonds.
Chaim: CIBJO Europe "funded by De Beers."
Antwerp postpones conference.
- Dubai summit is on!
- Antwerp pushes “safe haven” line.
Report: EU objects to Rio-BHP merger.
- BHP Chairman: Bid still on.
Leviev denies Angolan brutality reports.
Theo Fennell (the jeweler) disses big rocks.
A diamond-studded Matchbox car.
- Another Victoria Secret diamond studded “fantasy bra.” It’s good to know that whatever happens in the world, through good times and bad, there will always be diamond-studded fantasy bras.
Media Watch:
- Bloomberg, the Financial Times and Reuters on De Beers’ smaller sights.
- Reuters on trade reaction.
- India’s Economic Times on diamond industry’s “rough road.”
- Fast Company and the New York Times on the (proposed) Bristol Bay mine.
- India’s Commodity Online interviews Global Witness.
- Techcrunch on a diamond trading start-up.
- Sierra Leone newspaper on “Ruff and Cut.”
- Kansas City Star on the Crater of Diamonds State Park.
From the Blog:
- Selling Luxury – In Unluxurious Times.
Have a great weekend …
