Dear (dear) , News on diamonds & jewellery from Africa and the world by IDEX Online
13 May 2008

> Namdeb Geologists Discover 16th Century Shipwreck with Spanish Gold, Weaponry
Namdeb geologists have uncovered what could be the oldest sub-Saharan shipwreck ever discovered, possibly dating back to the late 1400s or early 1500s. The ship was found with six bronze cannons, tons of copper, elephant tusks, weapons and thousands of Spanish and Portuguese gold coins, minted in the late 15th or early 16th centuries.

 (May 01, 2008)

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> Oppenheimer: Partnerships with Governments of Resource-Rich Countries Essential
De Beers Chairman Nicky Oppenheimer recently participated in two events, discussing the role of business in transforming Africa’s natural resources into shared national wealth. The first was a keynote address delivered to the SaidBusinessSchool at OxfordUniversity, and the second was the opening of a De Beers-sponsored panel discussion at the Geological Society

(May 04, 2008)

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> Diamond Pipeline 2007 - A Year of Equilibrium
In 2007, the overall supply and demand picture was in a general state of equilibrium. On the supply side, in terms of carats, we saw for the first time in recent years a marked decline, which was greatly triggered by reduced production from the Argyle mine. Because of a firming in rough prices, the world’s diamond production increased from 100 million carats worth $12.9 billion, to 172 million carats valued at $13.8 billion.

(May 06, 2008 )

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> De Beers First Quarter Production -6.8%
De Beers’ diamond production in the recently ended quarter declined 6.8 percent to 11.774 million carats. The decline in output was mainly due to power shortages and unplanned maintenance at the Venetia mine in South Africa.

(April 30, 2008)

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> De Beers: Forevermark to be the World’s Leading Diamond Brand
Forevermark is to be the world’s leading diamond brand, De Beers said as it began unveiling plans to "a select audience of diamantaires and retailers" April 30-May 2. Roll out of the plans, which include a Forevermark grading lab and goods not mined by De Beers, is expected to commence in the fourth quarter of the

year. (May 01, 2008)

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> Full DTC Sightholder List For 2008-2011 Contract Period
The full official list of Diamond Trading Company Sightholders for the 2008-2011 contract period.

(April 29, 2008)

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> Six Arrested in Zimbabwe with Diamonds, Gold & Cash
Six people were arrested last week in Mutare, Zimbabwe’s fourth largest city, on suspicions of “illegal dealings.” Police recovered in the raid over 200 diamonds, 19.48 grams of gold and large sums of cash.

 (April 29, 2008)

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> Amazon Doubles Diamond Jewelry Sales in First Quarter
Retail diamond sales at Amazon.com increased more than 100 percent in the first quarter of 2008, the company said Wednesday, though did not reveal specific figures. Amazon added that an increasing number of its customers are shopping the Amazon.com Jewelry store.

(May 07, 2008)

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> WDC Meeting to Celebrate 5 Years of Kimberley Process
The sixth annual meeting of the World Diamond Council, the international body charged with coordinating the diamond and jewelry industry’s campaign against conflict diamonds, will be held in Antwerp June 30-July 1. The event will be hosted by the Antwerp World Diamond Centre.

(April 29, 2008)

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