By: Author Christopher F. Neil

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When we talk about diamonds, we always focus on the shiny side of famous rocks, but there are also some other things to consider.

There’s always the question of whether is there such a thing as an ethical diamond? There sure is, and if you want to know more, then this article is for you.

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So the biggest question is: Are blood diamonds still sold? And if they are, who works on preventing people to profit from someone’s misfortunes?

Our main goal is to help you find answers to these questions and to help you identify proper ways of buying diamonds, so you can avoid coincidental mistakes related to diamond purchases.

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If you’re interested in finding out more about the sales of blood diamonds, we highly recommend you find all the answers to your potential questions below!

Blood diamonds are diamonds that are illegally obtained and traded, with the goal of funding conflict in war-torn areas.

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As the Encyclopedia Britannica defines them:

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“Blood diamonds are any diamonds mined in areas controlled by forces opposed to a country’s legitimate, internationally recognized government and that are sold to fund military action against that government.

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Usually, those diamonds are in “rough” form, meaning they have recently been extracted and not yet cut.

These terms are used to highlight the negative consequences of the diamond trade in certain areas or to label an individual diamond as having come from such an area.

Blood diamonds are usually smuggled to first-world countries via established routes used by organized crime syndicates and are mainly sold on the black market.

There are reports that estimate that as much as 21% of the total diamond trade in the 1980s was being sold for illegal and unethical purposes, of which as much as 20% had its origin in conflict areas.

That is the period when blood diamonds first started to appear in international trade.

Since then, a lot of resources and manpower, provided by the world’s largest and most powerful countries, have actively worked on the prevention and identification of blood diamond production and trade. To hold accountable people responsible for the illegal activities surrounding them. Many international organizations are formed in order to reveal the origins of blood diamonds.

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Read more about it in the next part of the article.

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Kimberley Process

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The goal of the process, as described by the official Kimberley Process website, is:

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“To ensure that diamond purchases were not financing violence by rebel movements and their allies seeking to undermine legitimate governments”

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How do they do it?

Under that system, all sellers and buyers of polished and rough diamonds must make an affirmative statement on all invoices.

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Each company that trades diamonds must keep a record of all the warranty invoices received for purchases.

That ensures that all diamonds found in the market circulation are of certified origin, which prevents any blood diamonds from ever entering the system.

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In addition, there are many principles of self-regulation adopted by the diamond industry organizations and their members in order to combat the issue of conflict diamonds.

Some of them include:

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1. To trade only with companies that include warranty declarations on their invoices

2. To not buy diamonds – https://diamonds.backtoglamour.com/2024/12/01/technique-for-maximizing-buy-diamonds-in-africa/ – from suspect sources or unknown suppliers

3. To not buy diamonds in or from any region that is subject to an advisory by a governmental authority indicating that conflict diamonds are emanating from or available for sale in such region

4. To not knowingly buy or sell or assist others to buy or sell conflict diamonds

5.

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Knowing all we have said about blood diamonds, the question still remains: Are blood diamonds still sold?

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There is no real straight answer, but the closest one is: probably yes.8% of the global production of rough diamonds.

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That still leaves 0.02% of the world’s rough diamonds unaccounted for, and probably coming from less than ideal environments.

Now, being as it is, it is a fairly small number, but that doesn’t mean that blood diamonds are history.

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There is still a lot of work to be done on this front, and consumers and companies alike can take steps in order to ensure that their diamonds are ‘clean’.

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Companies involved in the diamond trade regularly check their supply chains to ensure that they are not trading with diamonds linked to human rights abuses and other harms.

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They also report on their efforts and findings, helping other companies to avoid trading in such regions.

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These processes remain essential if we want to end the trade in blood diamonds.

As far as the consumers are concerned, there are a few quick and simple steps that can be taken in order to ensure that you stay clear of conflict diamonds.

We invite you to check out more about that in the following part.

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As we said before, there are a few steps you can take if you want to ensure your diamonds are conflict-free.

Number one on that list would be to buy new diamonds, not vintage or antique ones:

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Many countries around the world make great efforts in order to suppress the trade in blood diamonds. U. S.

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However, all of those measures and processes were not established before 2000.

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Before that, there were almost no measures in place to account for the diamond origin, and the countries had no guidelines or regulations in order to prevent trade in conflict diamonds.

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Any diamond that entered the market before 2000 could be a blood diamond.

There is no way to determine what kind of history antique diamonds carry with them or where exactly they’re coming from.

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Another thing you can consider is to buy Lab-grown Diamonds:

Man-made diamonds are structurally, visually, and physically identical to the natural ones but are made in a lab instead of being mined from the ground. Also have little to no environmental impact. That ensures that lab-grown diamonds are 100% conflict-free.

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Lastly, we encourage you to always ask questions:

Ask your jeweler where those diamonds come from, and always buy diamonds from retailers that have a written policy that describes their commitment to selling conflict-free diamonds.

Finally, we encourage you to talk about warranties. Many retailers and jewelers offer their customers a warranty that guarantees that a specific diamond is conflict-free.

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In Conclusion

Blood diamonds are a bad part of the diamond industry history. So, are blood diamonds still sold? And all we can do is hope that’s all it is, history.