First off, I am very sorry to hear about the death of Moshe Schnitzer. He was actually one of the first big people I interviewed in the industry, and I was impressed how gracious, warm and down-to-earth he was, considering he was a legend dealing with a clueless 26 year old. My condolences to son Shmuel and his entire family. Here is Chaim’s obituary.
And now the rest of the news ….
In case you missed it last week, Polishedprices says Argyle is for sale. (Commentary.) I have emailed the Rio Tinto people for a response, and so far have gotten no reply.
Interesting article on the changes of Anglo.
LID reaches agreement with banks.
Media Watch
– Slate article on diamond mining in wartime Angola.
– Article on De Beers in London magazine.
Chaim breaks down DTC Namibia. Also: De Beers supports cutters in Canada.
India worried about Wal-mart.
GIA opens lab in Johannesburg.
Rapaport holds Internet auctions, first step toward diamond futures market. Gary unimpressed with his terminology.
Sierra Leone’s diamond exports set record. And it may have a change in government.
No buyer for Damien Hirst’s diamond-covered skull.
Speculation runs wild about Jenna Bush’s engagement ring.
From the blog:
– Should the Industry Spread the Post-Cartel Message?
Have a good weekend …
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