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Conflict diamonds or "blood diamonds" are diamonds that originate from areas controlled by forces or factions opposed to legitimate and internationally recognized governments. Since the issue of conflict diamonds first gained notice within the diamond industry ten years ago, the flow of blood diamonds has been dramatically reduced, most significantly by implementation of the Kimberley Process.
The Kimberley Process, launched in 2003, is an international initiative to prevent proceeds from the sale of conflict diamonds from financing civil wars, rebel uprisings, and other forms of unrest which have led to the suffering of many innocent people groups.
The 80 countries that participate in the Kimberley Process agree to trade rough diamonds only with those other countries which have adopted the process. The Clean Diamond Trade Act of 2003 and Executive Order 13312 were used to legally commit the U.S. to the Kimberley Process, and established a framework for how the process is implemented.
The Kimberley Process requires the following:
As a result of the Kimberly Process, diamonds are now among the most monitored and audited of any natural resource in the world. The extensive certification process prevents conflict diamonds from entering the supply chain by isolating non-participating countries from the world diamond market. By depriving illegitimate forces of what was once a significant source of funding, the Kimberley Process has become an important factor in restoring civil order and economic stability to developing nations.
Reducing the flow of conflict diamonds from illegitimate sources has also increased the flow of legitimate diamonds from smaller, developing countries which otherwise might have been overlooked in the diamond trade.
The adoption of the Kimberley Process by the world's leading diamond producers and consumers has reduced conflict diamonds from 15% of all diamonds sold in the 1990's, to less than one tenth of one percent today. Conflict-free diamonds are now a source of prosperity, especially in Africa:
Every Lumera Diamond is sourced from Kimberley Process compliant importers. Every Lumera receipt includes the following
"This diamond has been purchased from legitimate sources in compliance with United Nations Resolutions. Lumera guarantees that this diamond is conflict free, based on personal knowledge and/or written guarantees provided by our supplier."
For questions regarding conflict diamonds or the Kimberley Process, please call 1-888-6LUMERA or contact us at [email protected]. You can also chat online; a representative will respond immediately during .
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