Frequent question: Can you buy conflict diamonds?

Most jewelers offer conflict-free diamonds, because many countries, including the United States, make it illegal to sell and trade conflict diamonds. Certain jewelers, however, take their efforts further to ensure that a diamond is mined and shipped ethically.

Is it illegal to buy conflict diamonds?

Since 2014, the Kimberley Process has banned the export (pdf) of diamonds from the war-torn country, used to fund rebel fighters. … There is still some paperwork involved, through a process known as “naturalization” to introduce the conflict diamonds into the legitimate market.

Do conflict diamonds still exist?

panel of experts conflict diamonds are still being smuggled out of the CAR, with an estimated value of $24 million, that’s approximately 140,000 carats of conflict diamonds flooding the market despite the ban.

Are conflict free diamonds more expensive?

A Conflict-Free Diamond Engagement Ring Isn’t More Expensive. … These diamonds are generally more expensive than those that are mined in Africa, but this is one way to completely ensure that you are receiving a conflict-free diamond.

THIS IS INTERESTING:  What Stone is the Hope Diamond?

How do you buy conflict free diamonds?

Talk To Your Jeweler

You should be working with a jeweler who can tell you exactly where your diamond came from and is knowledgeable about any conflict in their country of origin. They should also be able to back it up with the proper certifications and documentation.

Do blood diamonds still exist 2020?

In 2006, Leonardo DiCaprio made the term “Blood Diamonds” a household phrase. A lot has been done to address the issue of blood diamonds and conflict diamonds since then, but unfortunately, we still have a ways to go. The diamond trade is an 81 billion dollars industry with 65% of mined diamonds coming from Africa.

Are Kay Jewelers diamonds conflict-free?

Each diamond that comes from Kay Jewelers will include a written warranty as follows: “The seller hereby guarantees that these diamonds are conflict-free, based on personal knowledge and/or written guarantees provided by the supplier of these diamonds.” Kay Jewelers is very much against conflict diamonds.

Are diamonds cheaper in Israel?

The Prices of Diamonds and Jewels in Israel are Low

In Israel, the Diamond Exchange in Ramat – Gan is a tax free area, and therefore diamonds are sold there at decreased prices due to the low taxation.

Why are blood diamonds so valuable?

Blood Diamonds, also known as “Conflict Diamonds,” are stones that are produced in areas controlled by rebel forces that are opposed to internationally recognized governments. The rebels sell these diamonds, and the money is used to purchase arms or to fund their military actions.

THIS IS INTERESTING:  Is cut or clarity more important in a diamond?

Why is the diamond industry bad?

Environment. Due to poor planning and weak regulation, diamond mining has caused environmental devastation, severely damaging the land and water. This irresponsible mining has caused soil erosion and deforestation, and has forced local communities to relocate.

How do I know my diamond is conflict free?

Each diamond receives a Kimberley Process certificate—verifying that the diamond is conflict-free. With the widespread adoption of The Kimberley Process, the number of conflict diamonds and associated crimes have dropped considerably worldwide.

What is a conflict free diamond ring?

Conflict-free refers to diamonds which have not financed civil wars. Ethical diamonds go further, ensuring fair pay, safe working conditions, environmentally sound practices, and no human rights abuses.

Why is Blue Nile so cheap?

Despite its low prices, Blue Nile is a completely legitimate business. Blue Nile diamonds are GIA certified. The reason why their prices are so low is because they operate on lower margins and do not have expensive brick-and-mortar stores.

Is Blue Nile conflict free?

The Blue Nile Conflict-Free Diamond Policy

All Blue Nile diamonds are warranted to be conflict free. … We will continue to support and promote any process that works to uphold legitimacy in the diamond trade. Diamonds are mined throughout the world, including major mines in Australia, Africa, Russia and Canada.

Why are conflict diamonds a problem?

Diamonds intensify civil wars by financing militaries and rebel militias. diamond wealth. Rival groups also fight with each other to control diamond-rich territory. The tragic result is bloodshed, loss of life, and shocking human rights abuses – from rape to the use of child soldiers.

THIS IS INTERESTING:  Is Emerald a spring wedding color?

Is Brilliant Earth really conflict free?

Brilliant Earth criticizes the Kimberley Process (while still participating) and takes even more steps to ensure their jewelry is “beyond conflict-free.” The really are conflict-free all-around. They’re environmentally conscious, only get their gems from ethical sources, and they offer LGBT friendly engagement rings.

Shine precious stones