The Diamondthrills Blog
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09 Nov
Taking the family out of business at De Beers
How many generations do family businesses last? Any idea? No, nor me, but my guess is that a small minority make it to the third generation and a tiny minority to the fourth.
Last Friday’s thunderbolt news in the diamond business is that the Oppenheimer family have decided to sell their 40% stake in De Beers to Anglo American for a tidy $5.1 billion.
We’ll come back to that, but first a bit of history (more…)
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03 Nov
How to ‘burn’ a big diamond
Not literally, you understand, that would be silly (although it’s a little known fact that diamonds do burn…).
No, this is about selling a diamond at auction, but perhaps (more…)
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27 Oct
Why a $3 coffee beats a $500 hotel room
This is one of those blog posts which has little to do with diamonds or jewellery but is an observation about markets, or perhaps market failure (more…)
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22 Sep
Another star rock from Letšeng
Raise your hard hat to the industrious diggers at Gem Diamonds’ Letšeng diamond mine, high in the uplands of tiny landlocked Kingdom of Lesotho: they’ve unearthed another corker (more…)
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09 Sep
Elizabeth Taylor’s diamonds up for auction in December
It’s one of the world’s most dazzling private collections of diamonds and other gems, and it belonged to the late Elizabeth Taylor who died in March at the age of 79 (more…)
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25 Aug
The 47th Street Blues
I spent the last couple of days in New York, and yesterday afternoon I went along to West 47th Street.
The street is packed with diamond and jewellery shops (more…)
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04 Aug
A fabulous contradiction: ‘fresh diamonds’
Bouncing around the webosphere this week I spotted a story about diamonds which throws some interesting light on the various ways (more…)
