5 Diamond Developments You Should Be Following: Week of July 13



Diamonds popping up at restaurants and hotels, dark clouds gather over industry, and other stories on the industry’s radar this week.

– India trying to seize overseas assets of Winsome Diamonds. Banks auctioning company’s mortgaged assets.

– More restaurants and hotels adding diamonds.

– One-third of diamonds turned down at De Beers sight. “Dark clouds loom” over industry

– Indian diamantaires shunning “pompous” gifts. Industry adrift without governing body. 

– Indian companies hope same-sex marriage will boost market.

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JCK News Director

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