Tag Archives: african diamonds

Kimberly Process Conundrums

Diamond-Lighthouse-selling-blood-stone-graphic

In 2003 the Kimberly Process Certification Scheme, the KPCS, was formed with the intention of eliminating, or at least drastically reducing, “blood diamonds” from finding their way into the legitimate rough diamond market.  Aside from the immediate brutality and violence associated with the procurement of “conflict diamonds,” there are far reaching ramifications inherent in their inclusion in the diamond market; specifically, the funding of coups by weapon heavy rebel factions and the eventually toppling of U.N. sanctioned governments.  While there will always be fundamental challenges in policing what was once a completely unregulated industry, despite its shortcomings, the Kimberly Process has in the very least addressed the intrinsic problems of diamond mining and trading and forcefully invoked a system of accountability. Continue reading Kimberly Process Conundrums