Diamond industry lender ABN Amro staying put
Tel Aviv, Israel—Diamond industry lender ABN Amro Holding NV has been acquired by Fortis, but the company isn't getting out of the jewelry business.
DTC Botswana names board members
Gaborone, Botswana—The Government of the Republic of Botswana and the De Beers Group, shareholders of the Diamond Trading Co. (DTC) Botswana, have announced new members of the DTC Botswana...
As demand drops, De Beers looks beyond sightholders
London--Selling rough to companies that are not sightholders and continuing to market the enduring value of diamonds are just two of the strategies De Beers is employing to weather the economic...
Sightholder list tops talk at DTC event
London—The newly revised sightholder list and the growing importance of India and China were two of the topics addressed during the Diamond Trading Co. (DTC) sightholder cocktail party.
DTC outlines objectives, commitment to Supplier of Choice
London—The Diamond Trading Co. (DTC) offered a clearer picture of the future of De Beers' marketing and its commitment to the Supplier of Choice (SOC) strategy, as Nicky Oppenheimer, chairman...
African nations slated to attend IDI conference
Ramat Gan, Israel—Delegations from a majority of African diamond-producing countries will attend Israel's Third International Rough Diamond Conference.
DTC confirms: Fewer sightholders in next round
London—In recent presentations to diamantaires in Antwerp, Belgium, and Israel, Diamond Trading Co. (DTC) Managing Director Varda Shine has acknowledged what has been industry speculation for...
De Beers planning staff cuts
London--De Beers has begun an operational review at its headquarters in London that will mean a reduction in staff, a De Beers spokesperson confirmed to National Jeweler on Thursday.
Diamantaires spared in Mumbai terror attacks
Mumbai, India--Diamantaires who gathered in Mumbai for a Diamond Trading Co. (DTC) meeting last week have all been accounted for in the wake of terror attacks in India's jewelry manufacturing hub, the...
Redesigned diamond museum to open next month
Ramat Gan, Israel—The opening ceremony for the renovated Harry Oppenheimer Diamond Museum will be held on Feb. 11 in conjunction with the start of Israel's Third International Rough Diamond...
Antwerp conference to focus on supply shifts
Antwerp, Belgium—The fourth Antwerp Diamond Conference, to be held from Oct. 15-16, will examine changes in the diamond industry now that the De Beers Group has moved from being a dominant...
Namibia Diamond Trading Co. names sightholders
Windhoek, Namibia—The Namibia Diamond Trading Co. (NDTC) announced recently the names of 11 Namibia-based manufacturers who will receive rough diamonds for a contract period of three and a half...
DEF names Zale's Goldberg as board co-president
New York--The Diamond Empowerment Fund (DEF) has announced the election of two new board co-presidents: Zale Corp. Chief Executive Officer Neal Goldberg and Hip-Hop Summit Action Network President and...
DMIA asks DTC, Congress to help U.S. diamantaires
New York—The Diamond Manufacturers and Importers Association of America (DMIA) today announced details of a campaign designed to leverage U.S. foreign aid to the benefit of American diamond...
478-carat diamond lights up Dubai conference
Dubai, United Arab Emirates--A nearly 500-carat rough diamond recovered from a mine in Africa earlier this year made its public debut--and received its official name--during a press conference on...
De Beers' Penny: Make stores compelling
Tel Aviv, Israel—De Beers Group Managing Director Gareth Penny said on Monday that retailers' poor store environments, particularly among major U.S. chains, are one of the main problems...
Israel conference to focus on rough supply
Ramat Gan, Israel—Israel's upcoming diamond conference will focus on the recent changes in the rough-diamond supply chain, given the Diamond Trading Co.'s (DTC) recent dramatic reduction in the...
WFDB to celebrate 60 years
Antwerp, Belgium—Diamond-industry leaders will gather in Amsterdam, the Netherlands, next week as the World Federation of Diamond Bourses (WFDB) celebrates its 60th anniversary at its 2007...
Simmons' DEF PSA to air on Monday
New York—A new public service announcement (PSA) will begin airing nationwide on Monday in an effort to draw more attention to—and raise more money for—music mogul and jeweler...
De Beers announces DTC reorganization
London—De Beers announced today that it will reorganize its sales and marketing unit, the Diamond Trading Co. (DTC), into two separate business units with separate management structures to...