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She made history as the first ever female to chair the Kimberley Process on behalf of the United States. Ambassador Gillian Milovanovic, who had been at the helm of an organisation established in 2003 to promote the trading of conflict free diamonds, will soon be bequeathing her position to another female leader
Press Release (OTTAWA) – The Diamond Development Initiative (DDI) is very pleased to announce that three African governments have made financial contributions to its work.
Emotions erupted at the just ended Zimbabwe diamond conference as delegates and industry leaders spoke against sanctions imposed on companies operating in Marange by the United States. The debate over the trade embargo was so super-charged that gloves were taken off for a knuckle bare verbal fight.
Ongoing smuggling, money laundering benefits Zimbabwe political elite. Partnership Africa Canada (PAC) alerted the global diamond industry to ongoing smuggling in Zimbabwe, adding that money laundering and a lack of transparency directly benefits certain members of the country’s ruling party.
Press Release – Stressing that consensus may take some time to achieve, Gilllian Milovanovic, the chair of the Kimberley Process (KP), says a new definition needs to bring the industry sustained improvement not destabilization.
Those who fear that the suggested new definition of “Conflict diamonds” could place almost any country in any armed conflict situation on a list of countries banned from trading rough diamonds need not worry because decisions are made by the Kimberley Process (KP) Plenary forum
Press Release: The U.S. chair of the Kimberley Process (KP), Gillian Milovanovic, released a vision statement calling for participants’ cooperation on issues of reform.
Rubel & Ménasché, the well-known Paris-based diamond company, has become an important contributor to the Diamond Development Initiative International.
Press Release: Diamond dealers and retailers now have lower-cost options to confirm the nature of their diamond inventory.
Diamonds are a very complex product due to their high degree of quality and price differentiation. There are thousands of shape, size, color, clarity and cut combinations traded in markets with restricted price and availability information.
Global Witness called for urgent action to prevent a businessman in China from financing Zimbabwe’s President Robert Mugabe’s military regime. According to the group’s report published today, ”Financing a Parallel Government?,” Global Witness revealed that Zimbabwe’s Central Intelligence Organisation (CIO) received financing from a Hong Kong-based businessman at the same time that the CIO is […]
A customs report has alerted the government that conflict diamonds are finding their way into India for processing, and then exported to the U.S. and European markets. More than 48,000 carats of conflict diamonds were seized in Surat and Mumbai in the past year.