It is clear that Alrosa will resume rough diamond exports in a major way in the immediate future. It is also clear that they will not be able to do so if they don't price their goods realistically. Read More...

The KP has been dealt the hardest blow to its reputation and standing since its inception, when Ian Smillie, the driving force behind PAC, the immensely influential conflict diamonds NGO, quietly announced his departure from participation in the KP governing bodies. Read More...

The announcement by the AWDC that it has reached an agreement with to provide additional financing for Antwerp diamond dealers seems either a public relations exercise or an ingenious breakthrough. Read More...

In the past year, we reported extensively on what we coined the “Missing Pink Diamond” case, about Ohio Jeweler John Stafford, who had bought for merely $8,000 a 5.56 carat natural intense fancy pink diamond. Read More...

The following story could have been taken from a business management course where each student would be assigned to write his “response scenario.” Sadly the story is true and it happened this week. Read More...

By now everyone in the diamond business will have read the story about the a criminal court case involving AP Diamonds, an Antwerp diamond trader, where it was found the court has blundered severely regarding a file of diamond fraud. The fraud was reportedly exaggerated. Read More...

Indian diamond banks definitely have some serious sub-prime quality diamond clients. Some of them may act in ways which will not only figuratively “rob the bank,” but also endanger the entire industry’s access to affordable credit. Read More...

Because of the debate within the industry on the CEN Workshop’s adopted synthetic diamonds nomenclature, we asked CEN to clarify the legal status of this exercise. Read More...

Something odd is going on in Botswana. A few days after the publication of a tender for the GDV position , Minister Kedikilwe suggested that he “is reviewing whether or not to withdraw the tender.” Read More...

The Diamond Trading Company (DTC), in preparation for its Diamond Bankers Seminar that took place this week in London, sent out a questionnaire to participants containing a number of what we call in Israel “kit bag questions.” This expression can be traced back to basic training in the army. Read More...