Diamond Shavings: Your Friday Web Roundup, Part Two

Continued from Part One

 
– Reports from the Amsterdam President’s meeting. My report: Not a lot interesting discussed, except for the diamond futures. The World Federation of Diamond Bourses spent most of their time discussing their WFDB Mark, as well as plans to appoint a full-time managing director and beef up their staff. As for the International Diamond Manufacturing Association, I don’t know what they discussed because just about all of their meetings were closed. This is the second year in a row this has happened. I really like the IDMA people – I can’t stress that enough – but I can’t think of any other association in any other industry that continually closes its annual meetings. This industry is becoming more transparent, and IDMA shouldn’t be lagging behind. 

– Conflict diamonds coming into India?

 

– Science Marches On: Diamonds from peanut butter.

 

What can the diamond industry do about Zimbawbe? Related thoughts here. At the Amsterdam conference, Rapaport did bring up the idea whether diamond companies should do business in Zimbabwe. I am somewhat sympathetic — given this industry’s past support of odious people like Mobuto — but there is a slippery slope here, since there are people that consider Russia, Israel and the United States human rights violators. In any case, it may all soon be moot.

– JCK talks with Alrosa and De Beers’ Stephen Lussier.

 

– Ironically named Antwerp Diamond Bank now, in, um, Dubai.

Have a good weekend …

JCK News Director