Diamond Developments You Should Be Following: Sept. 16



Is the Miss America crown made of diamonds, what’s the real reason Antwerp Diamond Bank was shut, and other topics on the industry’s radar this week.

– Alrosa cuts rough prices at September tender. The “industry in peril.”  Time and The Wall Street Journal (registration required) talk lower diamond prices. 

– Kimberley Mines CEO arrested for allegedly misleading stock market. Ekati owners defend mine expansion as caribou numbers fall. 

– Antwerp Diamond Bank: Closed because of cover-up? Dubai becomes more important in diamond finance.

– Thai doctors extract diamond after woman swallows it.

– Media Watch: Bustle: Is the Miss America crown really diamonds? Time on how to sniff out fakes.

JCK News Director