Zimbabwe and its diamonds: Forever dirty

The Kimberley Process (KP) is in danger of collapse. Set up in 2003, the system is supposed to end the trade in “blood diamonds” which illicitly finance civil wars. But its Congolese chairman has unilaterally decided to let sales from Zimbabwe’s disputed Marange diamond fields resume. America, the European Union, Canada and Israel are hotly contesting the move. Rulings by the 49-member body, representing 75 diamond-producing and -trading countries, ... Full Story »

Posted by Fabrice Florin - via John Rueschenberg (t), Willie Bido (t), Randy Benson (t), Wil Kristin (t), Sirajul Islam (t), David Wardell (t), Saed Abu Hmud (t), Jason Samfield (t), Salvador Sala (t), Jaimey Perham (t)
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Subjects: World, Business
Topics: Africa, Zimbabwe, Mining
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Posted by: Posted by Fabrice Florin - Jul 2, 2011 - 2:03 AM PDT
Content Type: Article
Edit Lock: This story can be edited
Edited by: Fabrice Florin - Jul 2, 2011 - 1:00 PM PDT

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Katie Boswell
3.7
by Katie Boswell - Jul. 8, 2011

Concise and insightful overview of the problems around Zimbabwean diamonds. Very relevant as it highlights the conflict over resources in Africa that many Western consumers unwittingly support through their purchases. The article highlights the way in which politics can take over regulation bodies like the Kimberley Process and render them ineffective. This is an issue we should all care about, wherever we are in the world. (Unfortunately, it's not just diamonds - if you own a mobile phone, it will contain coltan, which is fueling conflict in the Congo.)

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Fabrice Florin
3.5
by Fabrice Florin - Jul. 2, 2011
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