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Cutting Remarks
A roundup of trends and news in the diamond industry.
October 17, 2014
This week. New technology identifies natural pearls. Surat company says millions of income is “unaccounted for.” Why a watchmaker is happy about his products being banned. All below. ...
October 16, 2014
Meet the new boss; he is kind of the old boss.
October 15, 2014
At the De Beers forum at this year’s JCK Las Vegas show, CEO Philippe Mellier surprised attendees by declaring that one of the industry’s biggest problems was diamond trade-ins. When consumers...
October 10, 2014
On a self-promotional note, I can announce that I will be emceeing the AGS Conclave once again in 2015. If you have never attended, it is a great event that provides a lot of useful information and...
October 9, 2014
Earlier this year, Dr. Martin Hochbaum left the Diamond Dealers Club after 17 years as managing director. At a warm, well-attended reception at the DDC in September, Hochbaum—who is now working on...
October 9, 2014
In May, executives from Anglo were murmuring that the company overpaid when it acquired De Beers, that it wasn’t delivering the return on capital it hoped. 
October 8, 2014
For the last few years, De Beers has operated the International Institute for Diamond Grading and Research (IIDGR), a lab that issues reports for Forevermark-branded diamonds.
October 3, 2014
This week: Guy pans for gold to make wedding ring. Diamond dropped on Brooklyn Bridge. Bill Gates has a cheapo watch. All below. Bank Bailout- Standard Chartered reducing exposure to...
October 2, 2014
Talk about timely. After the industry bank week from hell, De Beers held a bankers executive briefing at the Roosevelt Hotel in New York City yesterday.Perhaps the most hopeful part of the event...
October 1, 2014
Over the last week, the industry was hit with a double whammy, right in the balance sheet: First, Antwerp Diamond Bank announced it was shutting its doors, after owner KBC spent four frustrating...
September 26, 2014
This week: Sears’ biggest mistakes. Man allegedly traded $160,000 diamond for $20 of marijuana. Falling gold price may lead mines to close. All below. Bank Panic: - Antwerp Diamond...
September 24, 2014
Chinese site Alibaba went public last week in a $25 billion IPO—the largest in world history. The site does $170 billion in sales a year, more than eBay and Amazon combined, and is on track to do $1...
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