Articles Tagged "kimberley process"

Maligned Marange Diamond Miners Selling Gems at Discount

Diamond – AllAfrica reported that Zimbabwe companies that have been certified as compliant with the Kimberley Process are selling their rough Marange diamonds for 25 percent less than the normal price due to allegations that they have been involved in undemocratic activities, as per information from a Parliamentary Portfolio Committee on Mines and Energy.

Kimberley Process Loophole Raises Concern

Diamond – The Guardian reported that under the Kimberley Process, conflict diamonds are defined as diamonds "sold by a rebel group to wage war against a government." However, Human Rights Watch believes there is a "major loophole" in that description as it means that governments are not stopped from "committing abuses" when mining and selling diamonds. The publication fears that this week's Kimberley Process meeting will fail to account for that fact.