Diamond Shavings: Your Friday Web Roundup

And here’s this week’s news …

 

The industry and the gold price.

– Gassman: Profits will suffer.

– More consumers selling jewelry? More here and here.

 

DTC Botswana opens.
Nicky Oppenheimer: US recession will be “brief.” I dunno …

– FT interview with Gareth Penny: “We’ll be pleased with any [US market] growth this year.” (Note: The FT’s site is flaky. Email me if you need a copy of this article.)

-  Media: AP, Economist, Mmegi.

 

Fortunoff lays off 190.

 

Helzberg Diamonds cuts 21 jobs.

 

DMIA to Feds: Probe “certifigate.”

– Chaim cheers.

– What it could mean.

 

Crater of Diamonds seller questioned. Original post.

 

Alrosa drops clients.

 

BIDZ.com answers critics.

– Company’s accounting questioned.

– Smartmoney on controversy.

– Blue Nile stock blues?

 

Miners castigate “corrupt” Angola.

 

Global Witness blasts Cote d’Ivore diamond tax.

 

California law targets lead in jewelry.

 

Sterling gets discrimination suit.

 

Tahera seeks buyer.

 

Tiffany board adds “activist” shareholder.

 

NJ Jewelers Exchange robbed.

 

Russell Simmons is Vegas keynoter. And speaking of Simmons, his (ex?)-wife wants to … well, you’ll see. To each their own.

 

Media Watch:

The Economist on Blue Nile.

Sierra Leone newspaper: “Who owns our diamonds?”

 

From the Blog:

Certifigate: Calling in the Feds

47th Street and the Feds

JCK Keynoter: Russell Simmons.

 

And yes, I know my name is plastered all over this site’s banners. It’s kind of weird. Have a good weekend.

JCK News Director