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Diamond Sale in Zimbabwe a False Economic Dawn
An auction of Zimbabwean diamonds has created an air of expectation that the country’s economic plight will be eased or even improved, but the stones realized as little as a fifth of their value, and most of the proceeds are expected to benefit...
Rapaport Diamond Trading Network Bans Gems From Zimbabwe’s Marange Fields
The New York-based Rapaport Diamond Trading Network has banned gems from Zimbabwe’s controversial Marange fields and threatened to expel any of its members who violate the ban. GD Star Ratingloading...Search terms to this the article:Rapaport Diamond...
Responsible Jewelry Council Welcomes Resumption of Zimbabwe Diamond Exports
The United States-based Responsible Jewelry Council (RJC) has welcomed last month’s agreement reached by the Kimberley Process (KP) that enabled the renewal of rough diamond exports from Zimbabwe’s Marange fields but said its members would undergo...
Zimbabwe Government to “immediately” Auction Off a Backlog of Marange Diamonds
The Zimbabwe government said on Wednesday it will “immediately” auction off a backlog in excess of 4.5 million carats of diamonds which it has been holding during the last 9 months because of an global prohibition on deals in gemstones from the country’s...
World Federation of Diamond Bourses Praises the Kimberley Process’ Handling of Zimbabwe
The World Federation of Diamond Bourses (WFDB) has praised the Kimberley Process (KP) for scoring a “convincing victory” in its fight against conflict diamonds following a compromise deal between the industry watchdog and Zimbabwe over the resumption...
Zimbabwe Ready to Ignore Ban And Sell Marange Diamonds
President Mugabe of Zimbabwe has warned that the country will go ahead with the sale of diamonds even if the industry watchdog, the Kimberly Process (KP), does not authorize exports of gems from the controversial fields in the east of the country. GD...
ZIMBABWE: Conflict Over Diamonds
A statement by Zimbabwe’s mining minister, Obert Mpofu, that the Cabinet had approved the sale of diamonds from the controversial Marange fields has been dismissed by another minister as “lies”. “It was clear from the meeting that...
Kimberley Process to Convene Mini-summit on Zimbabwe Diamonds
The diamond industry watchdog Kimberley Process will meet in Russia in July to decide the fate of Zimbabwe’s Marange Fields diamonds after industry players meeting in Israel last week failed to reach a consensus on resumption of exports from the troubled...
