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Belgium irked the hell out of Global Witness, a world monitoring group on conflict diamonds, when it said last week that the European Union (EU) should lift sanctions imposed on the Zimbabwe Mining Development Corporation (ZMDC), which mines diamonds in Marange.
Among the many significant developments that evolved in the diamond industry in 2012 was a growing awareness about price differences between tinted and non-tinted polished stones. Diamond dealers have come to recognize stones with a greenish-brownish tint as having originated from Zimbabwe’s Marange mines.
What is the chance for an American consumer to buy these days a piece of diamond jewelry made of a rough diamond found, for instance, in the Soviet Union in 1974? Or in Angola in 1993? Or in Côte d’Ivoire in 1995? According to Chaim Even-Zohar, the “home mine” owned by the U.S. population has […]
Is it possible for a list of accomplishments to be both impressive and underwhelming? Take what happened at the Kimberley Process Plenary this year, Rob Bates writes on www.jckonline.com. This has to be one of the most impressive Plenaries ever, with the U.S. piling up quite a tally of achievements.
There is certainly no doubt that the Zimbabwe diamond conference, which was held recently in the resort town of Victoria Falls, ended with one consensus. This was: sanctions on Marange diamonds must go.
No change to conflict diamonds. The Kimberley Process’ plenary in Washington D.C. concluded today with the organization ending its monitoring on Zimbabwe and agreeing to add an administrative support team.
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