Archive for October, 2009

UPDATE: Facts About Conflict Diamonds Today

Posted on October 13th, 2009

Facts About Conflict Diamonds | Mark BroumandBefore we start, we want to assure you that ALL diamonds sold by Mark Broumand are conflict free. That said, this article will provide facts on the current state of the jewelry industry with respect to conflict diamonds.  The concept of Conflict or Blood Diamonds entered the public arena when news broke that the revenues earned by the mines in Africa being used to fuel bloody conflicts throughout the region. The sudden rise in public awareness led to the development of the “Kimberly Process Certification Scheme”, organized by the UN in 2003, designed to certify the origin of rough diamonds in the trade.

The Kimberley Process requires that each time a rough diamond is traded, it is accompanied by a certificate with a legally binding guarantee that it is from a conflict free source. Participant countries or jewelry traders that do not comply with the Kimberley Process are breaking the law.

As a result of the strict guidelines by 2004, the Canadian Government, as chair of the Kimberley Process, cited that 99.8% of the world’s rough diamonds are certified to be from sources not involved in funding conflict.

You can find out more about the Kimberly Process at http://www.kimberleyprocess.com/

Interested in buying a loose diamond? Check out our unique selection of certified loose diamonds, individually photographed for you to review.

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