Diamond Developments: Five Stories You Should Be Following

stories that are on the industry’s radar this week:

-Reports of a big default in India: Jb
In the U.S., creditors move against
Blackstone Diamonds.

– Tax raids on several Indian
diamond firms.

– Alrosa sells $1
billion in bonds

– Lazare Kaplan makes
bank settlement.

– As the KP Plenary meets in Jerusalem, the battle lines are
drawn. Zimbabwe’s mining minister calls
for unconditional sales
. But a leading NGO says those
sales must be tightly monitored.