De Beers lowers rough prices, GIA pays $50 million for new facilities, and other stories on the industry’s radar this week:
- Gitanjali seeks “lifeline” from banks. Analyst concerned over its “corporate governance” issues.
- GIA signs papers for office in International Gem Tower.
- De Beers distribution arm reduces rough prices. Diamonds haven’t been Rio Tinto’s best friend.
- Indian diamond employee held for tax evasion. Singapore gemology consultant accused of stealing two diamonds.
- The Detroit News tells a story of love and diamond rings. What counting diamonds taught an Apple executive.
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