Diamond – The Wall Street Journal reported that the Kimberley Process has recommended a temporary embargo on the Central African Republic after a rebel coup occurred in the country in March. Alluvial diamonds are a main source of funding for the nation.
Diamond – JTA reported that Jose Fernandez, the United States' assistant secretary of state for economic and business affairs, is in Israel to discuss trade, particularly conflict diamonds.
Diamond – William Lamb, president and CEO of Lucara Diamond, discusses the Kimberley Process, the challenges of being a diamond junior and his company's projects in Botswana and Lesotho in a video interview with INN Senior Editor Andrew Topf.
Diamond – Zimbabwe police have been called upon to investigate claims that officials solicited funds from mining companies under false pretenses.
Diamond – At its annual meeting, the Kimberley Process failed to update the definition of conflict diamonds.
Diamond – 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?
Diamond – Reuters reported a loophole in the Kimberly process has been exposed.
Diamond – Diamond prices have largely recovered from the 2008 global economic crisis, but the industry is still not back to pre-2008 levels of demand.
Diamond – he 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.
Diamond – 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.
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