Diamond Jewelry Forums

Picture Gallery

Video Gallery

|

Search |

Posted Today |

Most Active |

Help

ť Home ť

ť Diamond Prices and Grading ť

ť RockyTalky ť

ť Tiffany Co purchased by BHP Billiton

Tiffany Co purchased by BHP Billiton

P: 4/9/2004 8:20:46 PM
Garry H (Cut Nut) Ideal Rock Total Posts: 11,586 Last Post: 11/25/2009 Member Since: 8/16/2000	Impossible? Of course, but now I have your attention Aber found the DiaVik diamond mine in Canada, one of the worlds biggest. They sold 60% to Riotito who developed the mine. Aber have just bought 51% controlling share of Harry Winston. So why would it not be possible for Riotinto or BHP to buy Tiffany. de Beers would probably like to too, but the US State dept would probably think otherwise. Garry Holloway FGAA DipDT HCA and Ideal-scope developer http://www.ideal-scope.com and http://www.HollowayDiamonds.com.au
Posted: 4/9/2004 8:20:46 PM

There are 6 replies to this message. There are 6 replies on this page.

P: 4/11/2004 3:56:59 AM
sharonzhere Rough Rock Total Posts: 38 Last Post: 6/20/2005 Member Since: 1/11/2004	Well, Comcast, a cable company, wants to buy the Walt Disney Company. Anything is possible!
Posted: 4/11/2004 3:56:59 AM

P: 4/11/2004 1:18:35 PM
Mara Ideal Rock Total Posts: 27,936 Last Post: 11/25/2009 Member Since: 10/30/2002	Garry you tease. This was a belated April Fools joke. ________________________________ "Insanity: doing the same thing over and over again and expecting different results." -Albert Einstein
Posted: 4/11/2004 1:18:35 PM

P: 4/11/2004 2:02:35 PM
Paul-Antwerp Ideal Rock Total Posts: 1,911 Last Post: 11/24/2009 Member Since: 9/3/2002	Old news, Gary. You are at least 6 months late. But you forgot to mention that Tiffany's has a 15% stake in Aber, and a 10-year contract to be supplied with rough for an estimated value of 500 mio$. Because of this, Tiffany's has opened an Antwerp office last month, and will be selling rough here, and having goods cut under their own supervision. I would love to see the surprise on their face, when they find out that their own polished is more expensive than when they buy. Live long, Paul Paul Slegers Infinity Diamonds www.CraftedByInfinity.com
Posted: 4/11/2004 2:02:35 PM

P: 4/11/2004 4:04:13 PM
Garry H (Cut Nut) Ideal Rock Total Posts: 11,586 Last Post: 11/25/2009 Member Since: 8/16/2000	Was this really announced a long time ago Paul??? Yes I did know about Aber and Tiffany. But??? Why would Tiffany work out of Antwerp? Surely they would want to cut in Canada or at least USA? Garry Holloway FGAA DipDT HCA and Ideal-scope developer http://www.ideal-scope.com and http://www.HollowayDiamonds.com.au
Posted: 4/11/2004 4:04:13 PM

P: 4/12/2004 1:28:42 AM
Paul-Antwerp Ideal Rock Total Posts: 1,911 Last Post: 11/24/2009 Member Since: 9/3/2002	Indeed Gary, Why they start up in Antwerp? Well, now, they are going to receive a 'run-of-mine' from Diavik, including many colours, shapes and qualities that they do not use or cannot economically cut in Canada. They need to sell this, and the best place to do this is Antwerp. They do indeed start up cutting in Canada. But everyone in the business knows the problems there. Very high costs, no experience nor a diamond culture, and because of that, very un-economical. The only reason, why some diamonds are cut in Canada, is because mines are obliged to give some rough to local cutters at lower prices, and because they can be labeled as truly Canadian, and some people wish to pay more for this label. That is why they are cutting a big part in Antwerp. Live long, Paul Paul Slegers Infinity Diamonds www.CraftedByInfinity.com
Posted: 4/12/2004 1:28:42 AM

P: 4/12/2004 4:01:34 PM
CaptAubrey Ideal Rock Total Posts: 862 Last Post: 3/23/2009 Member Since: 3/28/2004	paul is right, the aber-winston deal is old news. they announced the impending purchase months ago. i have had my doubts about this tiffany-aber thing from the beginning, and paul has hit the nail on the head. tiffany has such exacting standards for what they will sell as a "tiffany." what do they plan to do with the rest (most) of the rough they get from aber? yes, they'll have a steady supply of polished, but it seems more trouble than it's worth.
Posted: 4/12/2004 4:01:34 PM

Previous Page

Next Page

Ť How about this princess? (First time post, Help!) Ť

ť Anniversary Stone ť

Next Topics
What is the effect of extra facets? round vs princess studs Tacori I hope at least one person can support what Im about to buy needing opinions Local Appraisers? Diamond specifications abazias.com guarantee Care of diamonds/settings ... B&M? Opinions on 0.78 GOG round (1rst purchase) Diamond 1 or 2? Please help me decide. Princess: Why depth less than table what happens when your AGS 0 cut is no longer ideal?... question regarding AGA chart Help, is this a well cut diamond with good light return who is the winner in the high tech world, I SEE 2 or brilliance scope Urgent Advice Needed, what do you think ??...Help!!! Tacori Discontinued Design ? Blue Nile Question HCA - need more data? Ideal Prop. vs Light Return-Confused! Ring Resizing How about this princess? (First time post, Help!) How to spot a fake? 3 stone trellis setting? Wedding Bands Vatche Platinum Mix... Emerald cut question... Another viewpoint of internet purchasing for B/Ms (long) 3-stone ring... good price?

Jump to:

Contact Us \| Back Home \| Privacy Statement \| Forum Agreement \| Forum Policies
Ideal BB Version: 0.1.5.4.beta1	Message forum software powered by the Ideal BB

Pricescope - Knowledge - Diamond Prices - Tools - Resources - About

Š 2000-2009 Pricescope. Terms of Use Privacy Policy Disclaimer
forum archives