Botswana joins Antwerp as a certification center for rough under the G7 ban on Russian diamonds.
The KP remains the same
I have done less reporting this year than I did last year on the Kimberley Process because news, as they taught me at the E.W. Scripps School of Journalism, is the new, the different, the unusual--the “man bites dog” aphorism.
Last year, a much-needed expansion to the definition of “conflict” diamonds from just “rough stones used by rebel movements to fund wars against legitimate governments” to include “diamond-related violence in rough diamond-producing and -trading areas” failed to pass after the United States, then KP chair, spent a whole year pushing for it.
It’s a change that’s much needed as violence in Africa has shifted from rebel groups fighting legitimate governments to governments perpetrating violence against their own people.
On Monday, I attended a panel discussion at the JA New York Summer Show on the good that diamonds can do for the communities where they are mined. The discussion included a special appearance by Jose Fernandez, the U.S. assistant secretary of state for economic, energy and business affairs.
Fernandez said he is “hopeful” an expanded definition for conflict diamond will pass this year during the chairmanship of South Africa. The proposal has received a “good reaction” from a number of countries, he said. After the panel, I pressed him for more information. Is he 50 percent sure a new definition will pass? Less sure than that? More?
Fernandez refused to quantify his level of assuredness and would only say that he’s “never been a betting man.”
At that hopeful remark, panelist Martin Rapaport made a face from the stage that can best, and most politely, be described as doubtful. He later said that the KP “will cure cancer” before its members agree on expanding the definition of conflict.
Though I can’t verify this for lack of a hand mirror, I would imagine I had a similarly skeptical look on my face.
The KP is an entity that was created for a specific purpose 10 years ago. It has, without a doubt, enjoyed success in doing what it was created to do: stem the flow of so-called blood diamonds that funded the conflicts taking place at that time.
Now the political situation is different, but the process isn’t. It, in Fernandez’s words, has “outlived” its origins.
But, one piece of the KP remains the same: it takes a complete consensus to get anything passed. This is a roadblock to any substantive change.
Here’s one example of one KP member that doesn’t seem likely to vote to broaden the definition of conflict: Just a little over a
I know this is just one snippet from the speech of one person, but I am certain he is not the only influencer that feels this way. And, remember, one is all it takes.
I’ve never been a betting woman, but I would wager that I’m not wrong about this. Hopefully, I am.
The Latest
The miner said its November sale, which earned $16.1 million, felt the effect of competitive pricing by a rival Zambian producer.
Mignon Faget honors its hometown of New Orleans with a piece inspired by “The Crescent City.”
From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
The London-based business-to-business diamond and gemstone marketplace just closed on a $51 million round of Series C funding.
“Forever Present” highlights gifting opportunities for natural diamonds, celebrating familial, friendship, and romantic relationships.
It’s one of the most impressive assemblages of the French designer’s pieces ever to come to auction, Christie’s said.
This fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
Successful email marketing campaigns are all about timing, personalization, and compelling CTAs, Emmanuel Raheb writes.
Retail leader Lisa Bridge and geology professor Dr. Wendy Bohrson joined the organization’s board.
Look out for a black bear wearing a purple Santa hat and its zippered tummy pouch made for holding a holiday gift from Ben Bridge Jeweler.
“The William Goldberg Way” was released in honor of the company’s 75th anniversary and 25 years of its proprietary Ashoka diamond.
Fenix and Dholakia Lab-Grown Diamonds have jointly acquired the Israel-based company, which grows diamonds using solar power.
The Danish brand has opened an appointment-only location on Madison Avenue in New York City.
The actor and watch enthusiast will be part of the show’s education lineup.
These punk-inspired earrings from the new Canadian brand’s debut collection reveal the alter ego of the classic pearl.
The company brings its nanotechnology to two new fancy cuts for diamonds that feature its signature color and brilliance.
Sponsored by Tasha R
Three Titanic survivors presented him with the personalized Tiffany & Co. timepiece about a year after the tragedy.
A federal court found that the jewelry store chain violated terms of the settlement reached after it was accused of defrauding customers.
Cynthia Erivo chose Dreams of Hope, an organization dedicated to empowering LGBTQA+ youth, as the charity for this year’s collection.
The new space was designed to evoke a warm, inviting vibe.
Kinney, who spent nearly 30 years at IJO, has been hired to head Abbott Jewelry Systems’ new virtual marketplace.
The auction house was accused of helping clients avoid paying taxes on millions of dollars’ worth of art purchased from 2010 to 2020.
The four finalists will present their pieces at the 2025 JCK Las Vegas show.
The “Camera Oscura” collection showcases earring designs celebrating female Surrealist artists Claude Cahun and Leonor Fini.
The money will fund the planting of 10,000 trees in critical areas across Oregon, Arizona, Montana, and other regions.