Diamond Shavings: Your Friday Web Roundup

I’m playing with the format of this thing … Let me know if you have any thoughts … 

Reports from Black Friday and Cyber Monday.


More raids in Antwerp.


Rio mounts defense from BHP.

Lessons from “Art of War.”


Art Gleim dies. I remember being very moved at the AGS Conclave when he presented the Shipley award to his daughter Georgie. He cried for several minutes afterward. Condolences to family and friends.


Birks and Mayors lowers prices as the result of the weak dollar. And Gareth Penny says it’s hurting margins.


Will mining safety be consumer issue?


Forevermark sales up in China.


47th Street building sold.


Sierra Leone revamps mining laws.  Chaim’s commentary.


Smuggled diamonds get auctioned.


Financial Watch:

– Signet warns on profit: November same store sales fall 7%! Yikes!

Idex/Gassman on Zale’s problems. Zale stock commentary.

– Idex: Blue Nile on a roll.

– Tiffany has very good third quarter.

– Finlay’s has 3Q loss.


Mining Watch:

– Petra buys Cullinan mine from De Beers.

– Diavik goes underground.

– De Beers and South African government to square off in court over rights to “tailing dumps.”

– Trans Hex tries beneficiation.


Media Watch:

Smart Money on bidz.com. Very good story about an under-the-radar company. (Well, under my radar.) Also: Bidz stock watch.

Bloomberg says square cuts are hot.

The New York Times visits Fortunoff.

Herald-Tribune talks to Laurence Graff.

Fortune on rubies from Burma.

Namibian newspaper blasts Survival International.

The Daily News on Daniel K’s $1 million wedding ring.


Remember I can always be reached at rbates – at – reedbusiness.com. Have a good weekend …

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JCK News Director