Gareth Penny resigns as
De Beers CEO.
– First half sales grow
– Time “not right” for
De Beers class action settement “may
– JVC: Process could be “lengthy.”
Harry Wintson increases
ownership of Diavik.
– Mine hurt by low-grade
Jericho mine purchased.
Zimbabwe diamond sales approved by Cabinet, but challenged legally.
– Mining Minister: Money’s
– Controversey over mining
– Government newspaper blasts State Dept.
– Interview with
arrested (now freed on bail.) NGO.
– More articles on this below in “Media Watch.”
Zale pays Citibank, but also
gets money back.
Russell Cohen prevails
in Carlyle lawsuit.
Swiped gem sparks
– Another diamond deal ends up in court.
Naomi Campbell to testify on
International Diamond Board … still
Anlysts sees rough
More children’s jewelry recalled
Barrons: Tiffany stock
Welcome to the jewelry industry …
$25,000 ring found in Pittsburgh.
York Post op-ed on Zimbabwe. I agree the KP seems to be running out of
steam, and isn’t really up to the task of thoroughly reforming the diamond
industry. (Not that was ever really its task …) But I’ve talked to the author
of this piece and he doesn’t have any idea about better ideas to replace it.
Until someone figures that out, this is the best we got. And I think it’s
exaggerating to say the KP gave its “full approval” to Zimbabwe exports. It is,
in fact, very limited approval.
And the human rights advocates he mentions early in the piece all signed
off on it. Also: pieces in Mail
Star (Canada), Global
Post, and CNN
blog covers the Zimbabwe issue, to seeming indifference.
From the Blog:
Have a great weekend …
– Please note changed email address: rbates – at –
– Twitter feed, w/blog, news
updates, and occasional office inside jokes: robbatesjck