Diamond Developments You Should Be Following: Week of March 16



Breakthrough in diamond heist, jeweler charged with diamond theft, and other stories on the industry’s radar this week:

– Belgian authorities make “breakthrough” in $50 million Brussels airport heist. Four held in plot to kidnap Indian diamond company director.

– Antwerp diamond company head charged with alleged drug trafficking. Indian intelligence officials looking at industry for terror financing. Court acquits Omega Diamonds. Jeweler charged with diamond theft.

Media Watch: Kotaku says Minecraft diamonds rarer than real ones. De Beers sales director makes his pitch in Botswana newspaper.

– Synthetic producer IIa Technologies increasing facilities, production.

– Diamond price slump is over, says Gem Diamonds CEO.

JCK News Director