Some Privacy, Please...
February 06, 03 by Chaim Even-ZoharWhen BHP-Billiton ceased the marketing of 35 percent of its Ekati mine through the DTC, some $150 million plus worth of rough (per year) became available for marketing through new core clients. After carefully considering dozens of applications, BHP-Billiton has now added six more companies to its exclusive client list. Read More...
No Reason To Whistle For Joy - This Isn't Over Yet...
January 30, 03 by Chaim Even Zohar"UN Security Council Blows The Whistle On Congo Panel", reads a headline on a press release by the Antwerp Diamond High Council, in reference to a new resolution extending the mandate of the UN experts panel on the illegal exploitation of natural resources in the D.R. Congo. The panel had published a report last October accusing more than 100 companies and individuals of plundering the country. Read More...
Gareth Penny: "We Are Not A Closed Shop"
January 23, 03 by Chaim Even-ZoharCocktail parties are fertile grounds for hearing intriguing anecdotes. We overheard a discussion between a potential DTC sightholder and some of his colleagues about making applications and presentations to the DTC to become a sightholder. Read More...
A True Celebration Without Clouds
January 16, 03 by Chaim Even-ZoharDe Beers is rightfully celebrating today - the day the European Commission Competition Authorities gave their final approval to the Supplier of Choice regime. The European Commission seems to have a penchant for combining the "good" news, with the "bad" news. Read More...
Kimberley: Watch the United States!
January 09, 03 by Chaim Even-ZoharA few weeks ago, we wrote that “the United States is having second thoughts! The United States government has quietly provided instructions to its customs authorities not to refuse or disrupt rough diamond trade to non-Kimberley nations! The U.S. is not going to risk trade wars with any of its partners on the diamond issue.” The official status of Kimberley in the United States is that it is a purely voluntary arrangement. Read More...
After James Bond – now meet KAAR (pronounced as “care”)
January 02, 03 by Chaim Even-ZoharSeeing James Bond romancing with Halle Berry in a bed that looked more like a bath filled with ‘fake conflict diamonds’ (lovely crystals probably of Swarovski make), one wonders in which countries’ diamond statistics those diamonds would appear if they had been actual rough diamonds. Read More...
Have Sanity and Truth Become Victims of Kimberley?
December 26, 02 by Chaim Even-ZoharLike migraines, Coca-Cola and income tax, the Kimberley scheme has now become a fact of life that may last as long as those other features we have learned to live with. Read More...
De Beers Grand Strategy: Consolidating Its Canadian Mining And Exploration Properties Into One Public Company?
December 19, 02 by Chaim Even-ZoharThe De Beers move to acquire a 64 percent interest in U.S.-based Archangel Diamond Corporation (ADC) is a master stroke: not just because of what De Beers might be able to do with Archangel’s highly controversial potential mining property in Russia, but rather for what it can do controlling a publicly-listed diamond exploration and mining company in Canada. Read More...
De Beers Commits To Supplying “Pure” Canadian Rough To Local Canadian Manufacturers And Dealers
December 12, 02 by Chaim Even-ZoharDe Beers has always said it would supply rough diamonds to Canadian diamond factories – but it has also made it clear it would only supply from the London DTC assortment. Read More...
Canada is where the Action is….
December 05, 02 by Chaim Even-ZoharIt’s -21˚ Celsius in Yellowknife in Canada’s Northwest Territories. Locals tell me it isn’t too cold – it should have been -40˚C. But what really gets you in this town isn’t the weather, but rather the routine in its diamond business. Read More...
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