An Email Swindle Hits Antwerp
June 13, 13 by Edahn GolanLast July, Yahoo disclosed that more than 400,000 usernames and passwords to Yahoo and other companies were stolen. Last month, emails from diamond firms with invoices were forged to divert payments to fake companies in Hong Kong. Read More...
The Lessons of Bad Coffee in Las Vegas
June 06, 13 byThe early morning line at Starbucks is very long, filled with optimistic jewelry manufacturers, driven diamond wholesalers, tired members of the trade press, eager toolmakers and many marketing folks. Read More...
The Financial Markets Want to Invest in Diamonds, But Some Help is Needed
May 30, 13 by Edahn GolanEven though nearly five years have passed since the 2008 financial crash, the financial markets are still interested in diamonds and the diamond industry. Read More...
Alrosa: We'll Be Number One in 2018
May 23, 13 by Edahn GolanAlrosa has an aggressive plan to be the world's largest diamond mining company, overtaking De Beers. The five-year plan includes increased production, selling non-core assets and focusing on what they know best – extracting diamonds. Longer-term, the company has an aggressive resource expansion plan that extends deep into Africa. Read More...
The Vegas Promise
May 16, 13 by Edahn GolanWith just a couple of weeks to the important Las Vegas trade shows, preparations are in high gear around the globe. The hopes people have for it are big because the need to generate a higher turnover is pressing. Read More...
India's Weakness is Everyone's Weakness. But is it Weak?
May 09, 13 by Edahn GolanIndia's diamond import and export figures for fiscal 2012-2013 expose deep, often double-digit, declines in the country's global diamond trade. Is round-tripping the real story or is there a real problem? Read More...
Labs Grade Differently and Consumers Get Conned
May 02, 13 by Edahn GolanWhen a retailer offers a consumer a lower-cost diamond graded as a high quality one, it's fraud, but what if a lenient lab supports the better grading? Consumers are unaware of the differences between labs, and the Twittersphere is raging. Read More...
There is MIST Beyond the BRIC
April 25, 13 by Edahn GolanThe BRICs are the hotbed of growing diamond jewelry consumption. Setting sights on long-term growth, diamond firms should consider MIST. The monetary discipline, low debt rates and positive economic policies offer industry growth. Read More...
Retailers Must Be Willing to Foot the Bill
April 18, 13 by Edahn GolanThe debate over the evolution of KP is not about ethics, it’s about economic sense. The main point of contention is that one group in the industry is trying to force a system – and its cost – on another group. That won’t work. Read More...
An Offshore Account Tutorial, Anyone?
April 11, 13 by Edahn GolanIt's simple for John Q. Citizen, and for you, to place money in an offshore account. In some circumstances it's even legal. The problem begins when a group of journalists starts naming account holders Read More...
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