FinancialsMar 10, 2026
Signet Jewelers’ Q4 Sales Fall Flat The jewelry giant released preliminary results for the fourth quarter and full year on Monday, with final results slated to come next week.
SourcingDec 07, 2016
Conflict Diamonds Are Crossing Into Cameroon, Report Says
Partnership Africa Canada alleges in a new report that conflict diamonds from the Central African Republic are reaching international markets via Cameroon.
Ottawa--Partnership Africa Canada just came out with a new report in which the organization calls attention to the trade in conflict diamonds between the Central African Republic and the neighboring nation of Cameroon.
Authored by Offah Obale, PAC’s Ottawa-based conflict minerals researcher who traveled to Cameroon in the spring, the report states that conflict diamonds from the Central African Republic, or CAR, are being either smuggled through Cameroon and exported through other African countries, or being given fake Kimberley Process certificates in Cameroon.
The CAR diamonds are then shipped to the world’s main trading and manufacturing hubs, namely India, the United Arab Emirates--which is the nation heading the Kimberley Process for 2016--and Belgium, PAC said in its report.
PAC based its reports on its conversations with individuals, more than 40 in total, on the ground in Cameroon as well as what it says are inaccurate production statistics reported by Cameroonian officials--what the country reports as production to the KP is well above its capacity, meaning that many of the diamonds being exported with Cameroonian KP certificates are actually being mined elsewhere.
In light of the report, PAC is calling upon the KP to place Cameroon under special measures and require it to tighten its internal controls within a three-month period, with no rough diamonds leaving the country during the time period without expert, external oversight.
The organization also is calling for the KP to blacklist individuals and companies that are part of the alleged illicit trade of CAR conflict diamonds in Cameroon.
CAR is the only source of traditionally defined conflict, or “blood,” diamonds in the world today--diamonds that originate from areas controlled by forces opposed to legitimate governments and are used to fund military action against those governments.
CAR was banned from exporting rough diamonds entirely for the last several years before the Kimberley Process reinstated exports from certain regions of the country this year.
When asked about the PAC’s report, KP Chair Ahmed Bin Sulayem responded with a letter in which he said that the KP’s monitoring team in CAR is aware that
there are conflict diamonds crossing into Cameroon, and that they have been investigating it for several months, noting that the team has an upcoming review visit to the nation.
He also said they are in “full agreement” with PAC’s recommendation that the governments of CAR and Cameroon revoke the trading licenses of individuals and companies that engage in illicit trade and hold them accountable.
When questioned about specifics in the report--including a shipment of 359 carats of what were possibly conflict diamonds to the UAE in March and the accusation that the KP focal point on the ground in Cameroon is implicit in illicit trade--officials from the UAE told National Jeweler via email that they have alerted members of the Cameroon review team to identify “possible wrongdoing” around this particular shipment, and said that its call for accountability includes any KP officials caught in illicit trade.
In his letter, Bin Sulayem also reiterated the UAE’s call for a permanent secretariat under the United Nations to address situations like those the KP is currently facing in CAR.
This issue of a permanent secretariat is one that was addressed at the KP’s recent plenary meeting, though its passage remains a subject of debate.
In its email exchange with National Jeweler on Wednesday, the UAE strongly reaffirmed its stance that the KP did indeed approve a permanent secretariat at the plenary, while other KP member nations and the KP’s Civil Society Coalition maintain that the KP merely recognized the UAE’s efforts on this front and tabled further discussion until next year.
Those on both sides of the issue do acknowledge, however, that the details of the permanent secretariat still have to be worked out under the incoming chair nation, Australia. Bin Sulayem stated as much in his letter: “As KP chair, we hope that the first steps toward implementation of the KP permanent secretariat can be carried out under our successor.”
This means that the permanent secretariat is not a function that’s going to be immediately available to address the current situation between CAR and Cameroon and that, PAC Executive Director Joanne Lebert said, is what is needed.
“We don’t have to wait for a secretariat,” she said, while noting that PAC is in favor of its establishment. “These are traditional blood diamonds. The KP should be taking active measures now.”
PAC’s entire report, “From Conflict to Illicit,” is available on PACWeb.org.
He also said they are in “full agreement” with PAC’s recommendation that the governments of CAR and Cameroon revoke the trading licenses of individuals and companies that engage in illicit trade and hold them accountable.
When questioned about specifics in the report--including a shipment of 359 carats of what were possibly conflict diamonds to the UAE in March and the accusation that the KP focal point on the ground in Cameroon is implicit in illicit trade--officials from the UAE told National Jeweler via email that they have alerted members of the Cameroon review team to identify “possible wrongdoing” around this particular shipment, and said that its call for accountability includes any KP officials caught in illicit trade.
In his letter, Bin Sulayem also reiterated the UAE’s call for a permanent secretariat under the United Nations to address situations like those the KP is currently facing in CAR.
This issue of a permanent secretariat is one that was addressed at the KP’s recent plenary meeting, though its passage remains a subject of debate.
In its email exchange with National Jeweler on Wednesday, the UAE strongly reaffirmed its stance that the KP did indeed approve a permanent secretariat at the plenary, while other KP member nations and the KP’s Civil Society Coalition maintain that the KP merely recognized the UAE’s efforts on this front and tabled further discussion until next year.
Those on both sides of the issue do acknowledge, however, that the details of the permanent secretariat still have to be worked out under the incoming chair nation, Australia. Bin Sulayem stated as much in his letter: “As KP chair, we hope that the first steps toward implementation of the KP permanent secretariat can be carried out under our successor.”
This means that the permanent secretariat is not a function that’s going to be immediately available to address the current situation between CAR and Cameroon and that, PAC Executive Director Joanne Lebert said, is what is needed.
“We don’t have to wait for a secretariat,” she said, while noting that PAC is in favor of its establishment. “These are traditional blood diamonds. The KP should be taking active measures now.”
PAC’s entire report, “From Conflict to Illicit,” is available on PACWeb.org.
More on Sourcing
The Latest
MajorsMar 10, 2026
Saks Global to Close 15 More StoresThe retailer also gave an update on its vendor partnerships.
TrendsMar 10, 2026
Messika Names Julianne Moore as AmbassadorThe award-winning actress is the “epitome of modern allure,” the brand said.
Brought to you by
Is This You? Every Jeweler Has This Problem; We Have the Solution.Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.
CollectionsMar 10, 2026
Gemstones ‘Bloom’ in Sorellina’s New CollectionThe “Bloom” collection draws from the flower power movement of the 1960s and ‘70s with inlay pendants offered in eight colorways.
Weekly QuizMar 05, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Events & AwardsMar 10, 2026
Diamond-Studded Painting Shines at RJO Foundation AuctionThe unique piece was one of the custom works offered at the foundation's recent silent art auction, which garnered nearly $15,000 in total.
TrendsMar 09, 2026
Jake Gyllenhaal Is Bulgari’s Latest AmbassadorBulgari named Gyllenhaal as its brand ambassador for his embodiment of artistic depth, intellectual curiosity, and warmth.
Brought to you by
DCA Enters a New Chapter in Jewelry EducationWith refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.
Events & AwardsMar 09, 2026
TJS Announces 2026 Scholarship WinnersAwards were given to four students, one apprentice, and an emerging jeweler.
AuctionsMar 09, 2026
Joanna Carson’s Jewels Lead White-Glove SaleThe top jewelry lot of the late model’s estate sale, hosted by John Moran Auctioneers, was an Oscar Heyman & Brothers for Cartier necklace.
GradingMar 06, 2026
Tom Moses Leaving GIA After Nearly 50 YearsMoses, who started at GIA’s Santa Monica lab in 1976, will leave the Gemological Institute of America in May.
Lab-GrownMar 06, 2026
Charles & Colvard Files for Bankruptcy, Citing Price PressuresIncreased competition, falling lab-grown diamond and moissanite prices, and the rising cost of gold took a toll on the moissanite maker.
CollectionsMar 06, 2026
Zome’s ‘Solara’ Earrings Embody Celestial BeautyThe earrings, our Piece of the Week, feature pink tourmalines as planets orbiting around an aquamarine center set in 18-karat rose gold.
MajorsMar 06, 2026
Pomellato’s 2026 IWD Campaign Spotlights Economic Abuse“The Price of Freedom” campaign video for International Women’s Day confronts the quiet violence of financial control.
Policies & IssuesMar 05, 2026
Tariffs to Increase to 15% This Week, Treasury Secretary Says Also, a federal judge has ordered that companies that paid tariffs implemented under the IEEPA are entitled to refunds.
CollectionsMar 05, 2026
Common Era Honors ‘Difficult Women’ in CollectionThe ever-growing collection, which just expanded with the addition of Olga of Kyiv, features cameos of 12 women from history.
TrendsMar 05, 2026
Engagement Ring Trends 2026: What’s In, and WhyWe asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.
Events & AwardsMar 05, 2026
AGS Announces Conclave 2026 Speaker LineupThe annual event will be held in Orlando, Florida, from Sept. 14-17.
TrendsMar 05, 2026
Caitríona Balfe Fronts Only Natural Diamonds CoverThe “Outlander” star modeled for the digital cover of the magazine’s spring issue, which features a story on her relationship with jewelry.
MajorsMar 05, 2026
Registration Opens for CIBJO Centenary CongressThis year’s annual congress, which will mark the confederation’s 100th anniversary, will take place this fall in Italy.
MajorsMar 04, 2026
Michael M Opens First StoreBeverly Hills was chosen as the location for the brand’s first store, designed as a “private residence for modern monarchs.”
Policies & IssuesMar 04, 2026
Luxury Brands Temporarily Shutter Middle East StoresKering, Apple, and other retailers have reportedly temporarily closed stores in the Middle East region in light of the recent conflicts.
EditorsMar 04, 2026
Q&A: Brilliant Earth’s CEO on the New Beverly Hills StoreBeth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”
Events & AwardsMar 04, 2026
JIS Miami Spring Show to Feature New Gifts Pavilion, Pop-Up Trends TalksNearly half of buyers are prioritizing silver and fashion collections this season, organizers said.
TrendsMar 04, 2026
Spinelli Kilcollin Rides Free In Year of the Horse CampaignThe “Live Now. Polish Later.” campaign features equestrians wearing the brand’s jewels while galloping across the icy plains of Kazakhstan.
MajorsMar 04, 2026
LeachGarner Names New Brand DirectorThe precious metals provider has promoted Jennifer Ashworth to the role.
Events & AwardsMar 03, 2026
Johnny Nelson Wins David Yurman Gem Awards GrantNelson will be honored as the inaugural grant winner at the Gem Awards gala on March 13.
