De Beers Seeks EC Diamond Origin Legislation
September 26, 07 by Chaim Even-ZoharSometimes the only way to discover that there are again some diamond issues brewing in the European Commission is through questions raised by EC officials or parliamentarians. So when one suddenly gets questions on "why the London based DTC has such an interest in having new consumer protection EU... Read More...
The Tale of Prince Raven of Bangalore
September 20, 07 by Chaim Even-Zohar“Please, dada [grandfather in Hindi], tell me once more the varta [fairy tale] of Prince Raven of Bangalore,” says the little girl snuggling up in her dada’s lap. “You know, dada, the legend about a miraculous company that was worth $10 million... Read More...
Shooting the Messenger
September 12, 07 by Chaim Even-ZoharLast week’s column on the problems between diamond manufacturers and unions in Botswana has set off a storm; it apparently identified a real issue that needs to be addressed. It brought the genie out of the bottle and we have faith in Minister Ponatshego Kedikilwe... Read More...
Botswana's Sabotage of Beneficiation
September 06, 07 by Chaim Even-ZoharIt’s almost like a theme out of a Kafka book. While the DTC Botswana proudly presents its new board of directors, which is responsible for allocating rough diamonds to local factories, two of the largest existing operations are contemplating a possible lock-out, closing ... Read More...
India’s Import Duty Exemption: Curse or Blessing?
August 30, 07 by Chaim Even-ZoharThe Indian diamond industry is, in a strange way, enjoying a period of exceptional goodwill in the highest echelons of governance. There is a... Read More...
Dubai Launches World’s First Fully Automated Color Grading Reports
August 23, 07 by Chaim Even-ZoharThe DMCC has known from the very infancy of its ambitious diamond project that selling office space in the some-70-floor Almas Tower would be the easy part. However, the creation of genuine added-value products... Read More...
Namibia DTC: Testing Ground for the New Rough Distribution System
August 16, 07 by Chaim Even-ZoharOn October 29, 2007, the Namibia DTC (NDTC) will announce its rough allocations to local diamond manufacturers under the new distribution system. The NDTC contract period will run from October... Read More...
The Travels of a Lady-Wearing-Rough into a Legal Kimberley Process Hole
August 09, 07 by Chaim Even-ZoharChecking in for a recent Heathrow-Mumbai flight, I couldn’t help noticing a female traveler wearing what looked like a rough diamond pendant. It was a huge, milky, smooth-looking stone, which must have been in the 40-50 carat range. Intuitively, I surmised... Read More...
Nicky Oppenheimer Calls For African “Mitigation Policies” to Close Labor Cost Gap with India
August 02, 07 by Chaim Even-ZoharDe Beers Chairman Nicholas (“Nicky”) Oppenheimer was clearly dismayed at last week’s memo in which we quoted his son Jonathan that “South Africa’s attempts to boost a local diamond beneficiation industry would not work unless there... Read More...
Jonathan Oppenheimer Repeating Great-Grandfather’s Subsidy Demands
July 26, 07 by Chaim Even-Zohar“He is so sweet, this kid, that he’ll get De Beers into deep trouble.” These words accompanied an e-mail I received recently. Attached to this email was an article in which De Beers Director and heir to the diamond dynasty, Jonathan Oppenheimer, was quoted as calling the government of... Read More...
< Earlier | Later > |