World Diamond Council and Conflict Diamonds
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The World Diamond Council came into existence in the summer of 2000. Representation in this organization
includes those from the diamond industry, and from nations where the diamond trade makes a great economic impact on
the economy of the country. Their goal was to resolve issues concerning 'conflict diamonds'. The World Diamond
Council wished to stop conflict diamonds from entering the market. Conflict diamonds are those diamonds, that are
mined in war zones and sold to finance insurgencies against duly elected and recognized governments, usually in
central and western Africa. At the present time, conflict diamond only make up 1% or less of the diamonds marketed.
Diamonds need to be certified, that they are not conflict diamonds. This is accomplished through the Kimberley
Process Resolution.
Another name for conflict diamonds are blood diamonds. The World Diamond Council wants to keep blood diamonds
off the market, while educating people about the positive benefits of diamonds. Some of these benefits resolve
around the money the sale of diamonds produce, which contributes to education and health benefits for countries in
Africa. Many more programs designed to help people are financed through diamonds. When the wealth from the
legitimate diamonds are used wisely, people are helped. Diamonds can be a double-edged sword.
If conflict diamonds were not controlled, the money earned from their sale could buy millions of dollars of arms
and would destabilize many governments. If the rebel groups cannot earn money from blood diamonds, unless a foreign
government helps supply them with arms, less governments would be threatened and violence lessened.
Prior to the World Diamond Council taking action against conflict diamonds, any individual who could control the
mining and sale of diamonds, would threaten legitimate governments. It took much public pressure before a World
Diamond Council was formed and put their prestige behind the movement to certify diamonds. With the advent of the
World Diamond Council, groups formed to stop the use of coffee for the same nefarious purposes as happened with
diamonds. Petroleum can be used for funding rebel groups, the reason for repeated attacks on the Nigerian petroleum
industry.
Vicente Ross is a diamond connoisseur who has turned his passion for fine jewelry, diamonds and precious metals
into a consumer based information portal. He travels the world acquiring information on famous diamonds, loose
diamonds, Black Diamonds, antique jewelry and other fine jewelry and shares his finds and expertise on his
information packed website http://DiamondExperts.biz
Source: http://DiamondExperts.biz
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