Five stories on the industry’s radar this week:

 – Indian industry expects “dismal” 2012.

– Jailed Indian diamantaires to arrive home soon.

– Australia’s diamond mining business forecast to grow.

– Japanese want higher-value diamonds.

– Zimbabwe to become third-largest diamond producer. U.S. ambassador to Zimbabwe now says Marange diamonds “should never have been” an issue in Kimberley Process.

JCK