Diamond Shavings: Your (Kind of Late) Friday Web Roundup

Sorry this is a little later than usual because of my travel schedule. Speaking of which, I will at the Rio TInto conference in Chicago next week, and hope to have some report s from that as well …

And here’s the news:


De Beers class action settlement overturned.

– Final action “may take months longer.”

– Text of legal opinion.


Zale appoints chief stores officer.


Avon buys silver company.


JA worried about “conflict mineral” provisions in financial reform bill.

– Bill passes.


Kimberley Process and Zimbabwe reach deal

– Analysis by myselfEdahn and the BBC.

Text of agreement.

– Statements from World Diamond CouncilNGOs.

– Arrested NGO released on bail.  WDC hails.

– Mining minister won’t talk to Rapaport reporter.


Zim government considers new diamond act.

– Are mining moneys being diverted?


Diamond Congress Held in Moscow:

My report from day one.

– Avi Paz reelected at WFDB. (And Moti Ganz at IDMA.)

– IDMA calls for restructuring of diamond financing.

– South Korean bourse admitted to WFDB.

– Leviev challenges miners to support business.


Sightholders don’t like new Botswana mining licenses.

– De Beers, Botswana discuss agreement.


Indian diamantaires worry about supply.

– … and tax raids.


Naomi Campbell diamond testimony postponed.


Mumbai diamond trader arrested for fraud.


Esmerian seeks reorganization.


New research may aid diamond exploration.


Analyst cautious on Blue Nile.

– Bidz sees decline, may launch stock buyback.


Harry Bock dies.


New director at Graff Chicago.


United Brands makes appointments.


Feds: Jeweler was shot in Mafia case.


Man sues to get $100K engagement ring back.


Media Watch:

NPR talks KP/Zimbabwe.

WSJ blog goes to diamond district.

Industry responds to last week’s Washington Post piece.



My interview with Christopher Ellis, Consensus Advisors.


From the Blog

The Kimberley Process’ Latest Near Death Experience.

Report from World Diamond Congress, Day One.


Have a great weekend …



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JCK News Director