Julius Klein Diamonds has filed a motion in an Ohio court alleging that jeweler John Stafford, who is suing the company for alleged responsibility for the loss of a pink diamond, is now resorting to “extortion” and “blackmail.”  Read More...

Upon asking for feedback from DTC Sightholders about the launch of the De Beers Forevermark brand presentation, which was attended by select clients in London at the last Sight, they all mentioned “the umbrellas.” Read More...

Maybe it was inevitable: a U.S. court has issued a subpoena to the GIA to release specific “Certifigate”-related records. The subpoena was issued by a California judge on behalf of the County Common Pleas Court in Dayton, Ohio, in the case of Stafford Jewelers vs John M. Stafford.... Read More...

Miracles do happen! That was my first reaction when seeing the inclusion of the renowned Belgian rough diamond trading company Diamanthandel A. Spira BVBA on the new Diamond Trading Company (DTC) client list for the 2008-2011 contract period. Read More...

Society has a problem with whistle blowers or, at least, with certain types of whistle blowing. In the diamond industry any kind of informers are frowned upon – and viewed as negative. Allow me an example to the contrary: in reference to certain possible misconduct, the head of an... Read More...

“The Fairness Hearing in the settlement of the US Diamond Class Actions court cases took place in the United States Federal District Court in New Jersey. De Beers is pleased that, at the conclusion... Read More...

A New York Diamond Dealers Club (DDC) arbitration panel rendered a $640,000 judgment against a member of the Israel Diamond Exchange (IDE) in absentia. As we respect and recognize the right (and even obligation) of arbitrators... Read More...

Once a year, the U.S. Department of State presents the U.S. Congress with an almost 1,000-page report on the state-of-the-world from a narcotics trade and money laundering perspective. Read More...

Amid all of the emotions and sensitivity of the Gemological Institute of America’s (GIA) Certifigate scandal it is occasionally worthwhile to take stock of the state of affairs and to reflect on where we are now and, most importantly, where we are going. Should it be the objective to bring... Read More...

The day mega-actress Jennifer Lopez broke her engagement to Ben Affleck might have been a sad one for the unlucky groom-not-to-be, but it may have been a fortunate day for the diamond industry. Read More...