Loose Diamonds and the Kimberley Process

The Kimberley Process is an international scheme for the prevention of the practice of trading loose diamonds in order to fund conflicts, mainly in central and west Africa. Such diamonds are often referred to as “blood diamonds.” For many years, rebel movements in those countries controlled diamond mines and forced locals to mine loose diamonds in order to fund their conflicts.

The Kimberley Process was signed by 73 countries, and is a cooperation between governments and industry. A whole process is required of members in order to receive the Kimberley Certification for their loose diamonds.