Archive

  • In a recent article entitled "In the rough: A diamond is for ever. But its allure comes and goes"The Economist seized the occasion of the non-sale of the "Lesedi La Rona" diamond to expound on the difficult times facing the diamond industry. "It was the latest disappointment to befall an industry that has had little to celebrate.

  • Rob Bates of JCK has published an open letter to Leonardo DiCaprio, of Blood Diamond fame, urging him to reconsider his support for new synthetic diamond producer Diamond Foundry, and to remember the social realities that once moved him. "Back in 2006, you seemed profoundly impacted by your meeting with one of the great figures of the 20th century, Nelson Mandela.

  • Rob Bates of JCK lists the major stories from the diamond industry this summer, including several instances of undisclosed mixing of synthetic and treated diamonds as other dishonest practices leading to suspensions and publicly naming the companies involved. He also indicates the recent emergence of old unsightly reports of fraud and conflict diamonds, all of which are harmful to the industry.

  • Investigators working to identify notrious crime syndicate don Dawood Ibrahim's offshore assets have learned that the fugitive is now in the business of conflict diamonds. In a bid to freeze Dawood's assets and block his operations, National Security Adviser Ajit Doval had tasked intelligence agencies to pinpoint the don's businesses. They found that the current focus of the D Company, as Dawood's businesses are called, is to promote and expand the business of conflict diamonds in Africa and Dubai.

  • Is using a smartphone made from materials mined in war-torn Africa really better than buying "blood diamonds"? Rebel groups in the DRC and neighboring countries run mines that produce key minerals used in the manufacture of consumer electronics and more mundane products such as zippers. The proceeds fund conflicts that have killed up to 5 million people since 1998. In hopes of stemming the use of such "conflict minerals", the US Congress included a provision in the Dodd-Frank law passed in 2010 requiring U.S.

  • The Guardian reports that Marques has met privately with the seven generals, including the minister of state and head of the intelligence bureau of the president, and held talks that he said were very “good natured,” the newspaper said. Tiffany & Co.

  • Angola is currently the Chair of the Kimberley Process, which makes it particularly awkward that award-winning Angolan investigative journalist Rafael Marques de Morais is on trial on nine charges of defamation. His 2012 book, Blood Diamonds: Corruption and Torture in Angola, details more than 100 killings and over 500 cases of torture carried out by security guards and members of the Angolan army against local people and small-scale miners (garimpeiros) in the diamond fields of the Cuango region. This article provides an overview.