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IADC, Rap to discuss state of diamond industry

May 16, 2008

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Las Vegas—Those attending the JCK Las Vegas jewelry show will have at least two opportunities to hear updates on the state of the diamond industry worldwide.

Each day of the show, the Indo Argyle Diamond Council (IADC) is inviting retailers to attend presentations of its 2008 Diamond Market Overview in the IADC booth, 2091.

The one-hour presentation looks at the future of the industry from the standpoint of mining operations, a dwindling supply of rough, a continuing consolidation of the pipeline and how this can impact business.

IADC President Keith Dillmeier said the overview is updated throughout the year to reflect the latest developments and trends in the diamond industry.

Retailers interested in hearing the overview should contact the IADC at (800) 797-4232.

Also, Rapaport Group Chairman Martin Rapaport will give his annual State of the Diamond Industry speech on June 2 from 8 a.m. to 10 a.m. in the Venetian Hotel's Delfino Ballroom.

In his speech, Rapaport will address how issues such as climbing food and oil prices, the plummeting dollar and the growing number of Chinese and Indian consumers could impact business.

Following the breakfast is the Rapaport Bankers Conference from 11 a.m.-12:30 p.m. and the Rapaport Fair Trade Jewelry Conference from 1 p.m.-4 p.m.

All events are free and open to all. RSVP to conference@Diamonds.Net or call (702) 893-9400.
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