> Red Tape Is Strangling the South African Diamond Industry
At the South African Diamond and Precious Metals Regulator’s (SADPMR) Indaba held in Johannesburg last week, it was unanimously agreed that the Mining Charter is not aligned with the growth and sustainability of the local diamond, precious metals and jewelry industry.

(October 23, 2008)

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> IDEX Online Market Report – 23/10/2008
The U.S. market continues to be bogged down by fear of financial wobbles, and retail activity has been on the decline. Traders are hopeful the upcoming holiday season will generate more business. Trade in Belgium is largely on hold as traders are trying to get their bearings for the market’s future direction.

(October 23, 2008)

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> Sharp Drop in Prices at BHP Billiton Rough Diamond Tender
The tender at BHP Billiton Diamonds provided a strong testimony to the tumbling prices of rough diamonds. According to buyers, prices were as low as 35 - 45 percent compared to last month.

(October 23, 2008)

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>Sights 9 & 10 ‘Smaller As Usual’
Contrary to media reports, the Diamond Trading Company (DTC) said on Thursday its last two Sights for the year would be smaller - in line with previous years, not due to any financial strain.

(October 23, 2008)

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(October 16, 2008)

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> Survival International Re-launches Anti De Beers Campaign
Survival International announced that it is re-launching its campaign against De Beers, saying it discovered that the diamond miner has returned to the Central Kalahari Game Reserve in Botswana. “Its new diamond exploration program will be devastating for the Bushmen, and the reserve’s ecology,” the NGO said in a statement on Wednesday.

(October 16, 2008)

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> IDEX Online Special: The Economic Woes and the Silver Lining
There is much discussion among pundits about the current economic crisis, but hardly any that examines it from the perspective of the global diamond industry. This IDEX Online financial special does that, providing a few different points of view, projections and tips for the global diamond and jewelry industry.

> IDEX Online Special: Don’t Panic, It’s Not The End of the World
There’s an old adage among jewelers that says the industry is one of the first sectors to slow when the economy softens, and it is one of the last sectors to recover when the economy perks up. 

> IDEX Online Special: Embrace for the Diamond Trade’s Ripple Effect
The now inevitable economic slowdown will impact the entire diamond pipeline, but each will be impacted in a different way – with the diamond cutting centers taking the more severe beating, together with the producers. The economic phenomenon that explains with considerable certainty the ways diamond and players are going to be affected is the “ripple effect” – a theory that has proven itself over time within our industry.

(October 15, 2008)

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> Petra Sees Swing to FY08 Profit, In-situ Value of $27.3 bl
The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved a $250 million guaranty facility to help Botswana develop its newly-established diamond cutting and polishing industry, the organization announced Friday, saying that a key objective of OPIC’s guaranty facility is to develop a vibrant and robust lending market for this new industry

(September 23, 2008)

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