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Blog Archive 2001-12-01

Diamond and Terrorism Relation is Declined by Diamond Industry

Dec. 2001 A recent Washington Post article said Osama bin Laden’s al Queada network may be profiting from “conflict diamonds” sold by Sierra Leone rebles. The story quotes unnamed U.S. and European intelligence officials. The report say that before Sept. 11, the…
Blog Archive 2001-12-01

Zales Diamonds Sales And Company’s Output

Dec. 2001 After hitting a severe slump earlier this year and reinstating CEO Robert DiNicola, Zale is back in the black, reporting sales increases even in spite of the staggering economy. Zale reported net earnings of $37.6 million in its first quarter—ended…
Blog Archive 2001-12-01

Diamond Conflict Bill Will Prevent Terrorism In Diamond Industry

Dec. 2001 The reports on the alleged links between diamonds and terrorism are probably a main reason that the House recently approved a bill recently that seeks to stem the sale of “conflict diamonds.” The House voted 408-6 for the bill, a…
Blog Archive 2001-12-01

Holiday Diamond Sale Can Bring More Profit to the Jewelers

Dec. 2001 Resilient consumers heading to stores to spend for the holidays are contradicting earlier warnings of a slow season. Despite recent data reporting that the economy is officially in a recession, stores have not seen a major slump in retail sales.…
Blog Archive 2001-12-01

Matlins Guide Will Help A Customer to Purchase Diamonds

Dec. 2001 Gemstone Press, Woodstock Vermont $16.95 Antoinette Matlins is both an expert gemologist and an accomplished author and lecturer on gems and jewelry. But her greatest talent is her ability to explain complicated topics in simple, practical terms for the consumer.…
Blog Archive 2001-12-01

Ideal Diamond Cut

Dec. 2001 Researchers at the Gemological Institute published findings from the second of their multi-part scientific study on diamond cut. This study concerns the effect of proportions on "fire" in round brilliants, and was published in the Fall 2001 issue of the…
Blog Archive 2001-11-01

Illegal Diamond Laundering In Israel

Nov. 2001 Israeli officials and representatives of the Ramat Gan Diamond Exchange denied all charges of laundering conflict stones. The move came after the United Nations issued a report accusing Israel as serving as a laundering route for some of the imports…
Blog Archive 2001-11-01

Fall of Diamond Jewelry Resulted In Weaken Diamond Sales

Nov. 2001 The economy took its toll, in many respects, on the major fall jewelry auctions. Both auction house giants–Christie’s and Sotheby’s–reported weaker than usual sales at the October auctions. One bright spot at the auctions, however, came in the diamond market.…
Blog Archive 2001-11-01

De Beers’ Diamond Industry Is a Hope for Investors

Nov. 2001 In spite of melancholy economic indicators, De Beers is offering a glimmer of hope to the diamond and jewelry industries. In agreement with many jewelers across the country, the industry’s leading diamond producer is hoping that the surge in sentimentality…
Blog Archive 2001-11-01

Clean Diamond Act Is a Step towards Fair Diamond Trade

Nov. 2001 With all the talk about the war on terrorism, the issue of conflict diamonds has faded into the background. But it is still an important issue, where lives are also at stake. The stakes are high for the industry as…
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