5 Diamond Developments You Should Be Following: Week of Dec. 16



CNBC says mistresses will want diamonds this year, company accidentally purchases a parcel of synthetics, and other stories on the industry’s radar this week.

– Are there diamonds in Antarctica? Russia to mine diamonds in Sudan. 

– Indian industry leaders call for separate “certification” for synthetic diamonds. Dalumi says it accidentally purchased a parcel of synthetics. H. Goldie’s Mark Boston wonders: “What now?”

– Goldman Sachs bullish on diamonds.  Anglo American doesn’t plan to sell diamond assets. 

– Indian companies worry about profitability. Indian bank cautious about lending to diamond companies.

Media Watch: The New York Times on the “murky trail of diamonds.” CNBC says mistresses are going to want diamonds.  A publication called Death and Taxes doesn’t like diamonds

JCK News Director