Five
stories that are on the industry’s radar this week:
-Reports of a big default in India: Jb
Diamonds. In the U.S., creditors move against
Blackstone Diamonds.
– Tax raids on several Indian
diamond firms.
– Alrosa sells $1
billion in bonds.
– Lazare Kaplan makes
bank settlement.
– As the KP Plenary meets in Jerusalem, the battle lines are
drawn. Zimbabwe’s mining minister calls
for unconditional sales. But a leading NGO says those
sales must be tightly monitored.
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