5 Diamond Developments You Should Be Following: Week of Nov. 17

The grading-lab controversy reaches Australia, diamond transactions land HSBC in hot water, and other stories on the industry’s radar this week.

– Diamond thieves sentenced.

– Industry endorses Zimbabwe bourse. Mugabe’s wife now takes over, thanks to plundered diamond wealth. Consolidation of Zimbabwe diamond mines questioned. Mystery surrounds sale of Ghana diamond company. Central African Republic “classic case” of blood diamonds.

– Australian jewelry publication on differences in diamond grading.  Grading labs descend on Surat. 

– HSBC subsidiary charged with fraud over diamond transactions

Media Watch: The New York Times on lab-grown diamonds (written by JCK editor-in-chief with a quote from this article’s author). BBC on how to buy diamonds. Page Six says celebrities get “handsy” at Forevermark event.

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JCK News Director