> At Least a Dozen Killed in Zimbabwe Army Attack on Diamond Diggers
A number of diamond diggers were killed during a military offensive in Zimbabwe. Conflicting reports say 12 to 16 people were killed by helicopter gunfire, according to an opposition newspaper.

(November 23, 2008)

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> Israeli Diamantaire Murdered In Jo'burg
An Israeli citizen, named as Michel Rubinek of Rubinek Diamonds (Pty) Ltd, was murdered Monday night in Johannesburg, South Africa.

(November 18, 2008)

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> IDEX Online Research: Is There A Credible Polished Diamond Price List?
Despite repeated attempts by a number of firms to create a credible, consistently reliable price list for polished diamonds, no one has gotten it quite right. Some are closer than others, but “perfection” hasn’t been reached, yet.

(November 13, 2008)

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> Top Three Diamonds Fail to Sell at Sotheby’s
Three top diamond lots failed to find a buyer at Sotheby’s Wednesday sale of Magnificent Jewels in Geneva. The sale, which brought CHF 17.9 million ($14.84 million), reflected the current financial uncertainty, with many potential buyers exhibiting reluctance.

(November 20,2008)

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(November 20, 2008)

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>IDEX Online Research: Consumer Demand Has Not Dried Up
Two headlines grabbed our attention this week. The Associated Press reported, “Retail sales plunged” in October. The other, reported by another jewelry industry publication, came from the National Retail Federation which said, “Consumers went into hibernation” in October. There is a problem with these headlines: neither is true.

(November 19, 2008)

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> De Beers Launches Tenth U.S. Store
De Beers opened a store in Naples, Florida last week, its tenth store in the U.S.

> 13.5% Drop in Jewelry Sales at Japanese Department Stores
Sales at Japanese Department Stores fell in October 6.8 percent to 584.56 billion yen ($6.05 billion), on a same-store basis. This is the eighth consecutive month of declines in department store sales in the country. 

> WFDB’s Paz Calls Industry to Remain Cool, Act Rationally
Avi Paz, President of the World Federation of Diamond Bourses (WFDB) called on the key diamond industry players to act in unison in an effort to launch a single body dedicated to manage generic advertising efforts in the main global jewelry consumer markets.

(November 19, 2008)

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> Trans Hex H1 Rough Diamond Sales -24%
South African diamond miner Trans Hex reported a 24 percent drop in rough diamond sales in the first half of the fiscal year, decreasing to $42.6 million. Production declined 11 percent to 43,670 carats.

(November 12, 2008)

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