Ebay changes diamond rules.
Reuters (quoting analysts): De Beers and Alrosa unlikely to reunite.
- Also: Oppenheimer calls Botswana government “its own worst enemy” in Bushmen issue. Quite a talk!
Now, the Congo wants a diamond cutting industry.
Chaim/Idex on the DTC Ombudsman.
Kimberley Process publishes stats.
Michael Vaughan new WFDB exec. director. Congrats to him.
Discovery Times airs diamond documentary. My review: Pretty damning, which surprised me. You have to wonder at the stupidity of the Indian company that, at least according to this film, hires 13-year-olds for its factory, apparently “hits” them, and then allows all this to be broadcast on TV. Dumb and repulsive. The Rapaport trip to Sierra Leone, which I was on, seemed a little over-dramatized. For example, Chris Aire was never supposed to be on the rest of the trip, but the film makes it seems like he cut out early. Also, we never “traveled through the night,” and Rapaport left the country brimming with optimism, not as down-beat as the movie appears. You can see a split-second shot of my back as Rapaport exits the plane. I’m in a cap carrying a Dell computer laptop bag. Anyway, the best documentary on industry social issues remains the History Channel’s “Blood Diamonds,” which was just nominated for a daytime Emmy.
- Moneyweek (UK publication): Diamonds are a good investment.
- JCK high priestess speaks her mind on CNBC site.
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