News about the success and difficulties in curbing the trade of conflict diamonds, also known as “blood diamonds”.
Edward Asscher, the fifth-generation diamantaire who heads the Royal Asscher Co. in the Netherlands, was elected president of the World Diamond Council last month. He is the first president to be voted in in the group’s history. In a candid interview, Asscher—who has served as past president of the Liberal Party in the Netherlands, and represented the party for four years in the Netherlands senate—speaks about how he wants to change the Kimberley Process and whether it’s possible to bring… …read more
Source: JCK Online […]
Question : Blood Diamonds
Hi Robert, thank you very much for providing all this information about conflict diamonds. I have been googling to find out as much information as possible about blood diamonds before I decide if I want a diamond or if I should opt for one of the cheaper alternative stones. I have found some articles online that say the Kimberley Process only applies to rough diamonds and doesn’t apply to cut and polished diamonds even if they are funding human rights violations. Is this true? Are cut and polished blood diamonds subject to any regulation?
I understand the desire […]
As the result of section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, public companies have had to file reports over the last month disclosing whether they use conflict minerals, which are defined as minerals emanating from the Democratic Republic of the Congo (DRC) or its nine adjoining countries. Gold is considered a possible conflict mineral, as is tungsten, tin, and tantalum. This section affected companies from a variety of sectors—not just jewelry—and… …read more
There has been a lot of talk about the need for the diamond industry—particularly big miners and retailers—to act collectively to promote diamonds generically, like De Beers used to. Five years ago, there was an attempt to establish a new entity called the International Diamond Board to do just that. That fell apart, and at last week’s De Beers forum at the JCK show in Las Vegas, Forevermark CEO Stephen Lussier expressed neither much hope it would ever be resurrected nor enthusiasm for the idea… …read more
Ashley K. Orbach was appointed special advisor for conflict diamonds for the U.S. Department of State earlier this year, which means she represents the United States in front of the Kimberley Process. (Her official title is special advisor, conflict minerals and precious stones, showing that she will work on more than diamonds.) The affable and approachable Orbach, who previously served as foreign affairs officer with the U.S. Mission for the United Nations, talked with JCK about what the U.S…. …read more
Source: JCK Online […]
Brad Brooks-Rubin has led the US State Department’s conflict diamond desk for 4 and 1/2 years, and is moving on. He recently talked with JCK magazine about the controversies during his tenure, what he has learned, and the plusses and minuses of the KP. Here is the interview.
It sheds a light on the strengths and weaknesses of the Kimberley Process, and show how hard it is to make this a perfect protection against the flow of conflict diamonds into the market. It also shows the efforts that are engaged in doing their best.
Here is the article about :: Exit […]
Last week, JCK posted an article where their writers mystery shopped five jewelers. Rob Bates, Senior Editor, went to the Tiffany flagship store in midtown Manhattan. During his discussion with three of the Tiffany staff members, he asked about conflict diamonds, and got three different answers.