Dull Figures Hide Odd Stories
August 05, 10 by Edahn GolanThe first figures that jump out are the clear decline in Botswana’s rough diamond production. After years of leading the global production charts, De Beers' main source of rough diamonds is now clearly lagging behind Russia. Read More...
Penny Was the Transition Guy. What's Next?
July 29, 10 by Edahn GolanMany are very impressed by Gareth Penny while others, far, far behind his back, criticize him for turning the diamond industry upside down for no real good reason. But Penny was the right man, at the right place, at the right time. He was the transition guy, the transition manager that De Beers needed. Read More...
China: The Promise Hides Risks
July 22, 10 by Edahn GolanWe are hanging a decent amount of hope on the Chinese economy and its consumers. While the U.S. and Japan, the diamond industry's two main markets, are not expected to be growth markets, we are counting on China and India to provide us with the new opportunities that the mature markets are not providing any more. Read More...
Squeezing Out the St. Petersburg Zimbabwe Agreement
July 15, 10 by Edahn GolanPressure, divisions, threats and constant brokering efforts brought the agreement that no one is really happy with. Read More...
Calling on Israel
July 08, 10 by Edahn GolanRecently, trading figures about the four leading diamond centers were released by the local authorities, and it served as an interesting opportunity to compare them to the pre-crash period to see what has changed. Read More...
My Secret Diamond Mine
July 01, 10 by Edahn GolanConventional wisdom holds that we are suffering from a shortage in rough diamonds. As rough traders keep repeating that "we need to source more rough," official records expose a secret supply of rough to the market, coming from a mysterious source. Read More...
A Hard-line Stand That Hurts Those That Deserve Our Protection
June 23, 10 by Edahn GolanTwo guys are put in a room with a suitcase full of cash. They are told they will not be allowed to leave the room until they decide on how they will divide the cash between them. Alternatively, they can leave the money in the suitcase and walk away with nothing. Read More...
A Call for Justice, or Dealing with Murder is Not in Our Job Description
June 17, 10 by Edahn GolanZimbabwe won't leave us alone. You may be tired of hearing about it, you may even want to ignore it, but like a bad case of an exotic infection, if we won't take care of it, it will only get worse. Read More...
Has Rough Hit A Glass Ceiling? The Case for Glut
June 10, 10 by Edahn GolanIs there a limit to how much rough the diamond industry can digest? Is there a cap to Antwerp's rough diamond exports? Golan dives into the figures and comes up with a surprising answer. Read More...
Do As You Preach
June 03, 10 by Edahn GolanWhat do we expect from an organization that was formed to create positive change? Certainly that it would do as it preaches, right? Take the Kimberley Process (KP), for example. Read More...
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