Diamond Shavings: Your Friday Web Roundup

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 …