> When Minister Ponatshego Kedikilwe Talks – Diamond People Listen
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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.” |
(April 02, 2009 - Memo)
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IDEX Online Market Report – 02/04/09
The New York market continues its slow pick up. Goods of of 0.05 to 0.15 cts are increasingly in demand, as are 0.50+ carat fancy cuts, while carat sizes and larger in G-K / SI+ are in short demand as their prices stabilize. In Antwerp there were some demands for rough although buyers were not able to purchase too much owing to high prices. Nevertheless, traders regard it as a good sign. |
(April 02, 2009) |
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BaselWorld Ends with Mixed Responses, Attendance -12%
Attendees to the BaselWorld show returned with mixed reports. Expectations among jewelry and diamond traders were low before the show, and at best they could report weak business. However, despite the low number of visitors, exhibitors and actual transactions, traders are optimistic.
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(April 02, 2009) |
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> WFDB Warns Not To Trade in Conflict Diamonds from Zimbabwe
Avi Paz, president of the World Federation of Diamond Bourses (WFDB), has called on members of the 28 bourses affiliated to the WFDB to take all measures necessary to ensure that they do not trade, directly or indirectly, in diamonds originating from Zimbabwe. |
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(March 03, 2009) |
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Petra Blue Diamond to be Auctioned by Sotheby’s
Sotheby’s upcoming Sotheby’s sale of Magnificent Jewels will include a rare fancy vivid blue, internally flawless, cushion-shaped diamond weighing 7.03 carats. The diamond was cut from the 26.58 carat rough stone discovered in 2008 at Petra Diamonds’ Cullinan diamond mine in South Africa. |
(March 31, 2009) |
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Moti Ganz: Diamond Manufacturers Should Sell for Cash
Diamond manufacturers have paid a heavy price “due to the lack of responsibility of the jewelry retailers,” especially U.S. retail chains, said International Diamond Manufacturers Association (IDMA), President Moti Ganz at the opening of the IDMA meeting held in Antwerp March 29 – 30.
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(March 31, 2009) |
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> ABC Mini-Series on the Effects of the Blood Diamond Trade
A couple of years after the release of the Blood Diamond movie, U.S. television network ABC will, in late May, air a four-hour mini-series titled Diamonds about the “personal and political effects of the blood diamond trade on a global scale. |
(March 31, 2009) |
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An Evening with Chaim Even-Zohar at DMIA
The Diamond Manufacturers & Importers Association of America (DMIA) Wednesday evening hosted their General Membership Meeting with guest speaker, Chaim Evan-Zohar. Evan-Zohar presented his analysis of present industry conditions and his assessment of the possibilities that exist for the future. |
(March 26, 2009) |
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> Bridal Industry Resilient, Couples Focus on Lasting Items
A recent survey found that despite the economic situation, brides and grooms to be are not cutting back on their wedding budgets, instead they are shifting their expenses to long lasting items such as honeymoon, photography and the engagement ring. |
(March 26, 2009) |
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> Namdeb, Workers Union Disagree on Production Holiday Pay
Namdeb and the Mineworkers’ Union of Namibia (MUN), the union that represents many of Namdeb’s employees disagree over the conditions under which workers will go on a three month holiday while the diamond miner stops production, The Namibian reported Wednesday. |
(March 25, 2009) |
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