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August 11th, 2008 From admin
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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.
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August 5th, 2008 From admin
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A citizen of Georgia has been caught trying to smuggle $200,000 worth of loose diamonds into Israel. Upon landing at Tel Aviv, the man collected his luggage form the carousel and headed for the green “nothing to declare” lane. As he passed though the lane, customs agents became suspicious. Upon inspecting his case, they were astounded to find a substantial amount of loose diamonds, worth $200,000. The man is suspected of trying to smuggle loose diamonds known as blood diamonds - diamonds sourced from countries were they are traded to fund conflicts, primarily in Africa.
To read more click here.
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July 30th, 2008 From admin
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Loose diamonds are polished diamonds that have not been set in Jewelry such as an diamond engagement ring. Buying loose diamonds is not only the domain of the vendor or jeweler. Increasingly, individuals purchase loose diamonds in order to have them set in a diamond engagement ring or diamond stud earrings for a loved one. Other than saving money, buying loose diamonds enables more control of the quality and overall design of the jewelry item. Many companies also include transportation and insurance in their online prices.
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July 27th, 2008 From admin
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Loose diamonds found in Ohio, and thought to have originated from the Canadian Shield, may have ended in eastern United States after a comet impacted Canada during the last ice age. Geologists analyzed the chemical composition of the loose diamonds, and confirmed their Canadian origins. The cause is thought to be the ejection of loose diamonds into the atmosphere as a result of the impact of a comet, which caused widespread destruction of fauna and flora. eventually settling in Ohio. The other theory is that they were transported to their current location by rivers that were created by the immediate melting of glaciers upon the impact of the comet.
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