February 25, 2018
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EU Becomes Kimberley Process Chair


The European Union (EU) has taken over the chairmanship ofthe Kimberley Process (KP) for 2018, with Italian politician FedericaMogherini heading the operation.The leadership of the KP switches every year, with Australiataking charge in 2017 and the United Arab Emirates in 2016. India is the vicechair this year, and will become chair in 2019. “For the European...

Global Witness Warns of CAR Diamond Smuggling


Smugglers are using social-media platforms such asFacebook and WhatsApp to get diamonds out of the Central African Republic (CAR)and into international markets, Global Witness claimed in a report last week.A representative from the organization posed undercover as a diamond trader togain “unprecedented access” to those involved in smuggling diamonds out of CAR,it said Thursday. During the year-long investigation, it found...

Signet Notches Fourth Year of Conflict-Free Gold


Signet Jewelers has reaffirmed that its gold products do notcome from materials that have helped fund violence in certain war-torn Africancountries.For the fourth year in a row, the company has filed adisclosure report confirming that all of its products containing possible“conflict minerals” — including gold, tin, tantalum and tungsten — are “DRCconflict-free,” the retailer said last week....

London Bourse Recruits Ethics Adviser


The London Diamond Bourse (LDB) has appointed KatherineChappell as its special adviser for ethical issues. Chappell (pictured), a longstanding member of the LDB, has worked inthe gemstone industry for more than 20 years and is a specialist in fair-tradeprinciples, the exchange said. “For the LDB, this means we can enhance our conversationsaround responsible sourcing and engage in a more relevant...

KP to Audit CAR Diamond Stockpiles


The Kimberley Process (KP) is seeking a forensic auditor tocomb through diamond stockpiles in the Central African Republic (CAR) and assess which stones recovered during the nation’s suspension may beexported.CAR was suspendedfrom the KP in 2013 following a coup by rebels and readmittedin May this year. During the exclusion period, CAR was banned from exportingdiamonds but allowed...

EU to Chair Kimberley Process in 2018


The Kimberley Process (KP) said the European Union (EU) willbe its chair in 2018, meaning the bloc will serve as vice-chair next year.The EU, which last chaired the KP in 2007, will take overfrom Australia in January 2018, the year in which India will serve as vicechair and then as chair in 2019 – that’s in line with a jointbid put forward...

Kimberley Process Re-Admits Venezuela


Venezuela will recommence exports of rough diamonds asmembers of the Kimberley Process (KP) unanimously agreed to end the nation’seight-year absence.Delegates approved the South American country’s re-admissionat the KP plenary in Dubai last week, Venezuela’s Mining Ministry announced. The country committed to host a review visit no later than six months after the resumption of exports, the KP said in a communiqué.Venezuela withdrewitself...

KP Approves Plan for UN Secretariat


Attendees at the Kimberley Process (KP) plenary in Dubaivoted in favor of a proposal to set up a United Nations-mandated permanentsecretariat to oversee the return of excluded countries to the diamond trade.More than 300 delegates also gave the go-ahead to KP chairAhmed Bin Sulayem’s plan to introduce a common fund to finance non-governmentalorganizations’ attendance at KP events. United Arab Emirates-based Bin Sulayemsaid his office will contribute $25,000 to help...

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