Marange Diamonds: A Game Changer?
Zimbabwe can now export Marange diamonds. The decision may be as controversial as the diamonds, but given their price and the supply will they change the diamond game?
Articles Tagged "kimberley process"
Loophole in Blood Diamond Law Exposed
Reuters reported a loophole in the Kimberly process has been exposed.
Zimbabwean ‘Blood Diamonds’ Back on the Market
Diamond prices have largely recovered from the 2008 global economic crisis, but the industry is still not back to pre-2008 levels of demand.
Diamonds: New Economic Powers Fight for Control
The fight for control of natural resources is heating up between the two fastest growing economies. In a secret deal with Zimbabwe, the Chinese military has secured permits to mine the Marange diamond fields. India, looking to control its supply of rough stones for Surat’s cutting and polishing sector is looking to aide African Nations with medicines, and infrastructure projects.
Kimberley Process Under Pressure
New pressures are being put on the Kimberley Process Scheme to deal with human rights violations from the Marange and Chiadzwa diamond fields. Zimbabwe’s refusal to deal with the issues and work with Kimberley Process officials may threaten to derail the organization.
The true value of Canadian diamonds
Global Diamond industry is undergoing a strong transition towards growing demand for "conflict-free" or "violence-free" or ethical diamonds- guaranteed to originate from ethical and environmentally responsible sources. This transition is in response to the growing awareness among people and consumers worldwide about the so called "Blood diamonds"
