Going Public, Standing Strong, Heading Down
October 03, 13 by Edahn Golan’1. Is Alrosa worth $9 billion? After years of preparation, on Wednesday morning Alrosa announced a free float of up to 16% of its shares. Read More...
Weather Forecast: Rain with Chances of Sun
September 25, 13 by Edahn GolanThe current low polished diamond prices, a result of low demand among other reasons, is cause for concern for many in the market. Read More...
Farewell Comfort, Hello Opportunity
September 18, 13 by Edahn GolanIn less than two weeks, De Beers will hold its very last Sight in London. Starting in November, the Sightholders who received their Sight in London will be traveling to Gaborone in Botswana instead. Sadly, instead of being a reason for joy over renewal, development and change, most, if not all, are commenting on what is wrong and difficult about it. Read More...
Revelations and Introspection
September 12, 13 by Edahn GolanWhen WikiLeaks unveiled the treasure trove of U.S. State Department communications in 2010, reporters from all industries found something relevant to their area of reportage. Read More...
Opportunity, Corner of Wild Gamble
September 04, 13 by Edahn GolanEvery single day we take chances. Some small, some dangerous, but inevitably, making decisions means taking risks. It’s a basic part of doing business and growing. The diamond market is in a very bad state, and the decisions it makes in the coming months will influence it for years to come. Read More...
Banks Are the New Market Custodians
August 28, 13 by Edahn GolanSometimes the banks are the diamond traders’ best friend. Often there is a sense among diamond traders that the banks are not being generous enough with them, but in at least one instance, they are not just a friend, they are also lifesavers. Read More...
Thank God for Deep Desires
August 22, 13 by Edahn GolanAugust is more than half way through. Vacationers are returning home from their summer time off, diamond traders in Belgium and Israel are back in their offices and Indian manufacturers are fulfilling their orders from the India International Jewellery Show in Mumbai. Most everyone is already thinking about the November-December Holiday season and the large sales it is hoped it will bring. Read More...
Synthetic Worries – Are they Justified?
August 15, 13 by Edahn GolanThe growing prevalence of lab-made diamonds is a source of great worry to Indian diamond manufacturers and wholesalers. During a recent visit to Mumbai, every manufacturer I spoke with except one asked about them. Read More...
Rough Prices and Choked Jewelry Sales
August 08, 13 by Edahn Golan1. Rough diamond prices remain firm. Miners, namely De Beers and Alrosa, who supply nearly 50 percent of the global output by volume and a similar amount by value, are so far insisting on not lowering their prices. Read More...
KP Figures Are Revealing
August 01, 13 by Edahn GolanAn examination of KP’s global rough diamond production and trade report reveals little hidden secrets about the diamond industry: odd export prices, low production value and may uncover more truths. Also, how much of the global production is controlled by just two companies? Read More...
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