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Israel Diamonds articles from June 2004

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<a href="http://www.highbeam.com/Israel+Diamonds/publications.aspx?date=200406" title="Articles and back issues from Israel Diamonds">Israel Diamonds articles</a>

Israel Diamonds back issues from June 2004:

Viewpoint.

Jun 01, 2004; ... Dear readers, Like it does each April at the Baselworld jewelry show in Switzerland, the Israel Diamond Institute hosted a working breakfast for the international trade media. As always, the event was well attended, with the journalists coming not only for the early morning ...

Schnitzer receives Israel Prize.(Short Cuts)

Jun 01, 2004 ... In a moving state ceremony in Jerusalem, which took place on Israel's Independence Day oil April 26, Moshe Schnitzer, the former chairman of the Israel Diamond Institute and life honorary president of the Israel Diamond Exchange, was awarded the Israel Prize, the country's highest civilian ...

Jeweler offers two-tone diamonds.(Short Cuts)

Jun 01, 2004 ... A jeweler in the center of Edinburgh, looking to cash in on the latest celebrity craze for colored diamonds, is offering what he describes as two-tone diamonds, which display both ice blue and apple green colors. According to The Scotsman, Steve Turner, the owner of Macintyres ...

Becks placates Posh with pink diamond.(Short Cuts)

Jun 01, 2004 ... Known for his fancy footwork on the football pitch, English soccer captain David Beckham is evidently trying to show some of the same talent off the field, to avoid being shown a red card by his wife Victoria. After widely reported allegations he had an affair with personal assistant ...

Conflict diamonds tackled in Dubai: the World Diamond Council holds its third annual plenary session to review anti-conflict diamond initiatives.

Jun 01, 2004 ... More than 100 leaders from the international diamond and jewelry industries, government and the financial world converged in Dubai, United Arab Emirates, for the World Diamond Council's (WDC) third annual meeting March 29-31. One of the main goals was to review the industry's and WDC's ...

De Beers fights PR battle, and wins one with the UN: while the cards are often unfairly stacked against it, De Beers continues to defend itself in the arena of public opinion. It recently has enjoyed a measure of success.

Jun 01, 2004 ... In many respects, De Beers toughest test in recent years has been on the public relations battle field, where it has been targeted by a variety of groups, all apparently eager to see the mining conglomerate get its come-uppance. But clearly De Beers has been a victim of bad timing. ...

WFDB emphasizes disclosure of synthetics at Antwerp meeting.(Facets)

Jun 01, 2004 ... Synthetics and color treatments topped the agenda when the Executive Committee of the World Federation of Diamond Bourses (WFDB) held its twice-yearly meeting in Antwerp, Belgium, on April 29. A wide range other subjects affecting the diamond trade and the WFDB members were also discussed ....

Steinmetz reportedly talking to Russia about rough.(Facets)

Jun 01, 2004 ... The Steinmetz Diamonds Group is reportedly negotiating with the Russian diamond authorities over the right to import some $100 million of uncut diamonds a year from Russia, reported the Ha'aretz daily in Tel Aviv. According to the newspaper, group director Benny Steinmetz ...

Leviev and Bulgari announce jewelry joint venture.(Facets)

Jun 01, 2004 ... The Israel-based Leviev Group and Bulgari, the Italian-based luxury jewelry house, haw reached a joint-venture agreement for the creation of a company that will be headquartered in Switzerland, and will be charged with developing lines of diamond jewelry. Both Bulgari and Leviev ...

Rough diamond conference in Israel scheduled for July 12 and 13.(Facets)

Jun 01, 2004 ... The Israel Diamond Institute (IDI) has announced that it will be hosting a rough diamond conference at the Sheraton City Tower Hotel, alongside the Ramat Gan diamond Exchange, on July 12 and 13. For IDI, the even is intended to underscore Israel's growing role a rough diamond trade center ....

World Diamond Congress set for October 17-20 in New York.(Facets)

Jun 01, 2004 ... The hosts of the 31st World Diamond Congress--the Diamond Dealers Club (DDC) of New York and the Diamond Manufacturers and Importers Association of America--have provided preliminary details about the event that is scheduled to take place in New York from October 17 to 20, 2004. ...

Study offers new insight into U.S. bridal market.(Facets)

Jun 01, 2004 ... A new survey by the Jewelry Consumer Opinion Council (JCOC) conducted by MVI Marketing, has reported that more than 60 percent of those buying diamond engagement rings spend between $1,000 and $5,000, 5 percent spent more than $10,000, and less than one-third spend between $100 and $1,000 ....

Researchers says Namibia should buy stake in De Beers.(Facets)

Jun 01, 2004 ... A study by the Windhoek-based Institute for Public Policy Research has suggested that the government of Namibia could consider acquiring a stake in De Beers, by purchasing shares from Anglo American, reports Business Day. The suggestion that Namibia becomes a De Beers ...

Report blasts NWT attempts to build cutting industry.(Facets)

Jun 01, 2004 ... A 38-page report prepared by the NWT and Nunavut Chamber of Mines, the Mining Association of Canada and the Prospectors and Developers Association of Canada the Northwest Territories regarding attempts to develop a local diamond cutting industry alongside Canada's new diamond mines have ...

Concerns expressed about expiry of De Beers' Jwaneng license.(Facets)

Jun 01, 2004 ... Stock analysts in Britain are predicting that Anglo American, which own 45 percent of the stock in De Beers, could see a fall in revenue as result of the imminent expiry of Debswana's lease at the Jwaneng mine in Botswana, reported The Independent. Debswana is the mining company ...

Complaint filed after terror threat leveled against Antwerp diamond community.(Facets)

Jun 01, 2004 ... The HRD has tiled a formal complain against the Arab European League (AEL), following statements made by one of the leagues leaders, in which he said that terror attacks in Antwerp were inevitable unless the city's Jewish community distanced itself from the policies of the Israeli ...

Baselworld issues final report for 2004 show.(Facets)

Jun 01, 2004 ... The management of the Baselworld show in Switzerland has released an upbeat final report for 2004 show that closed on April 22. In total, some 2, 186 exhibiting companies from 44 nations welcomed 89,350 visitors to the six exhibition halls in Basel. According to the Basel ...

Volume of trading up 39 percent at Shanghai bourse.(Facets)

Jun 01, 2004 ... The volume of trade at the Shanghai Diamond Exchange, China's first diamond bourse, rose by 39 percent to $80.8 million during the first quarter of this year, reported the Xinhua news agency. According to the news agency, the increase was in part due to a general rise in the ...

Rio Tinto approves multi-million loan for mine in Zimbabwe.(Facets)

Jun 01, 2004 ... Operations at the Murowa mine near Zvishavane in Zimbabwe are expected to begin following the approval of a $13.5 million loan package from Rio Tinto Plc. The loan now needs final approval from the Reserve Bank of Zimbabwe. The Murowa diamond mine will be managed by Rio Tinto ...

Congress told about terrorist links to diamond trade.(Facets)

Jun 01, 2004 ... Douglas Farah, a Washington Post reporter, has told the U.S. Congress' House Africa Subcommittee that two terrorist networks, operated by al Qaeda and Hezbollah, "have an interest in the regional diamond trade [in West Africa] that extends at least back to the mid-1990s." "In ...

AGS adopts WFDB recommendations on HPHT treated diamonds.(Facets)

Jun 01, 2004 ... The American Gem Society Laboratories has announced that it will adopt the new High Pressure, High Temperature (HPHT) diamond treatment guidelines recommended by the World Federation of Diamond Bourses Committee on Consumer Confidence. New York's Diamond Dealers Club played host ...

London symposium urges full disclosure on synthetic diamonds from industry.(Facets)

Jun 01, 2004 ... The diamond trade must face the threat of synthetic diamonds through clear terminology and full disclosure as an ethical and business imperative, participants in a March 17 symposium sponsored by the London Diamond Bourse and Club agreed. The bourse's president, Freddy Hager, said in an ...

Despite the existence of UN sanctions, Liberia signs diamond mining pact.(Facets)

Jun 01, 2004 ... The announcement by Canada-based Diamond Fields International Ltd. that has obtained two mineral reconnaissance licenses in Liberia, one of which is a diamond prospect, appears to be in contradiction of UN sanction, reports The Analyst out of the Liberian capital of Monrovia. ...

Amazon.com launches jewelry store online.(Facets)

Jun 01, 2004 ... Amazon Services, Inc., an Amazon.com company, has announced the grand opening of its new Jewelry Store, located at www.amazon.com/jewelry, a single shopping destination offering a large selection of high-quality rings, necklaces, pendants, bracelets, earrings and watches. As ...

Victor mine may become De Beers' first Canadian operation.(Facets)

Jun 01, 2004 ... The Snap Lake diamond project, which most have believed will become De Beers' first diamond mine in Canada, may be beaten at the post by the Victor project in the James Bay lowlands of Ontario, reports The Edmonton Journal. According to De Beers spokesperson Linda Dorrington, ...

Polished exports.(Summing Up)

Jun 01, 2004 ... With four months of the year behind it, the Israeli diamond sector seems all but set to posting another record year in 2004. In April alone, net exports of polished diamonds from Israel rose 60.1 to reach $424.9 million, compared to $265.4 million in April 2003. Ordinarily, ...

Rough imports.(Summing Up)

Jun 01, 2004 ... With its rough diamond imports increasing by 49.2 percent during the first four months of the year to stand at S1.62 billion, compared to $1.08 billion during the same period in 2003, Israel continues to make strong strides toward becoming a premier rough diamond trading center. At this ...

Rough exports.(Summing Up)

Jun 01, 2004 ... Rough exports from Israel in terms of value rose by 54.9 percent to $964.4 million, up from $622.6 million for the same period in 2003. In terms of volume, a staggering 173.9 percent increase was recorded, with 11.4 million carats shipped, compared to 4.1 million carats during the same ...

Polished imports.(Summing Up)

Jun 01, 2004 ... Israel's imports of polished diamonds rose by 1.4 percent in April 2004 to $225.0 million, compared to $221.9 million for the same month last year. Since the beginning of 2003 they have risen by 5.5 percent to stand at $1.07 billion, up from $962.7 million for the same period in 2003. ...

With Harry Winston purchase Aber moves downstream: a Canadian junior mining company establishes for itself a prominent position in the market by creating downstream alliances with major high-end retailers.

Jun 01, 2004 ... Following De Beers' lead with its strategic partnership with LVMH on a chain of branded luxury jewelry stores launched two years ago, diamond mining companies are increasingly looking for alliances with major luxury retailers to gain sales, marketing and branding leverage over their ...

New age diamond merchants: branding as a way of life: 'breaking new ground--that is, product development from zero to fruition--would have been much too costly. The solution was to create a new concept, not a new product. We did not need to develop a new technology--we're employing a proven one--nor did we need to develop a new or special cut.'.

Jun 01, 2004 ... Over the past two years, the diamond trade press has been filled with reports on the industry's campaign to increase its share of the luxury consumer product market. These reports usually linked the Diamond Trading Company's Supplier of Choice program to individual diamond firms' ...

Zale looks to diamonds to help drive growth: Zale expects its thriving diamond business to help it go forward in an expanding market.

Jun 01, 2004 ... After strong Christmas and Valentine's Day seasons, and with a new chairman on board, Zale Corp., the largest jewelry retail specialist group in the United States, has rebounded and is poised for further expansion--and the diamond business will play a key role in its strategy. ...

Heated WFDB-DTC dialogue over Diamdel supply to market: 'the supply of rough diamonds by Diamdel to the secondary market is of utmost importance to the well being and survival of our industry and trade. Without the middle and small range diamond manufacturers, our industry's future would be at great risk.'.

Jun 01, 2004 ... A flurry of letters and other messages have been traveling back and forth between the Diamond Trading Company (DTC) and the World Federation of Diamond Bourses in recent weeks, following an outcry on the part of the WFDB over what it considered double-speak on the DTC's part, regarding its ...

Dubai making strong strides toward major center status: Dubai is the logical location for the Arab world's first diamond bourse because it serves as a gateway to enormous markets on two continents. As a port of entry for the Persian Gulf states, Iran, the Indian subcontinent and Africa, Dubai has long been an important regional center for gold sales in India and the Far East.

Jun 01, 2004 ... The glittering market potential of the Middle East has mesmerized the diamond industry for many years. Now this crucial region has an official presence in the trade, with the March 29 opening of the Dubai Diamond Exchange (DDE). The new bourse will be based in the Almas Tower ...