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Believe it or not, the fourth quarter is traditionally a slow period for the diamond trade. That may be a stark realization for some, especially on the eve of Thanksgiving weekend that signals the start of the Christmas shopping season.
We got rid of the DeBeers monopoly…but traded it for another…
On Tuesday, Oxford Dictionaries named its 2014 “Word of the Year,” the orderly amassing of letters that, according to the professional wordsmiths at Oxford, has “attracted a great deal of interest during the year to date.”
Press Release : Open letter from Ernie Bmlom, President of the WFDB, regarding over grading certification.
OECD Guidelines: A replacement of the Kimberley Process? was the original name given by the organizers for Panel II at the Second Zimbabwe Diamond Conference that took place in Harare in early November.
The World Federation of Diamond Bourses president Ernie Blom today put out a much-welcome open letter on diamond grading, which makes a firm statement about what constitutes acceptable behavior as far as choosing grading labs:
A few months back EGL International sent out a release with the following, quite controversial assertion: “At this point in time there is no single, international standard for diamond grading that has national or international status or acceptance.”
On the Indian diamond Industry’s persistent request, the Government of India is planning to set up a special zone with tax benefits for diamond import and a trading hub.
Q&A with Avraham (Bumi) Traub, Honorary President of the Israel Diamond Manufacturers Association and founder of A.B.T. Diamonds Lt.
De Beers November sight closed with an estimated value of $550 million. Minor adjustments to prices and assortments were reported in different categories.
Diamond giant De Beers’ share of the rough diamond market has fallen substantially from its peak of over 80 percent in the 1980s, but the company still has a bit of a shady reputation.
In a thunderous new editorial, Rapaport Group chairman Martin Rapaport called the overgrading of diamonds by certain labs a “significant threat”