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Topic: World Diamond Council


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In the News (Wed 9 Dec 09)

  
  Home - DiamondFacts.org
Most people are unaware of the role diamonds play in bringing real benefits to people in the countries around the world where diamonds are sourced.
Diamondfacts.org is dedicated to presenting the facts about conflict diamonds, along with how diamonds are driving economic growth and prosperity in countries around the world.
Diamond revenues enable every child in Botswana to receive free education up to the age of 13.
www.diamondfacts.org   (334 words)

  
 DIAMOND INDUSTRY WORLDWIDE TAKES MEASURES IN FIGHT AGAINST CONFLICT DIAMONDS
As diamond manufacturers and traders, primarily responsible for the conversion of rough diamonds into polished and the marketing of those polished diamonds, we are proposing a number of concrete steps to be taken by all parties concerned which we believe will lead to a more effective and immediate resolution of the problem.
The establishment of the World Diamond Council is crucial to this process in that the World Diamond Council would be required to balance all imports and exports and accredit importing and exporting authorities in each country.
By the same token, the World Diamond Council would be able to remove the accreditation of countries to import diamonds if it was found that those countries were allowing the import of non-verifiable rough.
www.blankadiamonds.be /news/00_07_19.html   (0 words)

  
 WORLD DIAMOND COUNCIL
We recognize that rough diamonds individually are not sufficiently determinable as to source and origin.
The International Diamond Council would be required to remove export accreditation from the producer countries where rough exports are known to exceed production capacity or verified official imports.
By the same token, the International Diamond Council would be able to remove the accreditation of countries to import diamonds if it was found that those countries were allowing the import of non-verifiable rough.
www.worlddiamondcouncil.com /antwerp.shtml   (0 words)

  
  NewsHour Extra: Movie Sparks Debate over Diamond Trade -- December 4, 2006
Conflict diamonds, sometimes referred to as blood diamonds, are gems that are illegally sold to fund civil wars and rebel conflicts.
WDC spokesman Carson Glover agrees smuggling is still a problem.
"Diamonds are the most portable commodity in the world, and smuggling is one of the oldest professions in the world," Glover said.
www.pbs.org /newshour/extra/features/july-dec06/diamonds_12-04.html   (936 words)

  
 Indo Argyle Diamond Council | Welcome to IADC
The IADC is an organization composed of Indian jewelry manufacturers who have high quality standards, an understanding of the world market, and high ethical business practices.
The Indo Argyle Diamond Council (IADC) is composed of Indian jewelry manufacturers with high quality standards, ethical business practices and an understanding of the world diamond market.
The IADC provides world diamond market information directly from the mine.
www.indoargyle.com   (266 words)

  
 ~Diamond World~ Diamond Education Conflict Diamonds~
On another front, the WDC is calling on all governments to join it in taking immediate action to stop the transshipment of rough diamonds through exporting countries whose stones are of suspicious origin.
The Council held its organizational meeting in Tel Aviv on Sept. 7 and is moving forward on a number of fronts in close cooperation with governments, financial institutions, and international and civil society organizations, such as the United Nations and ministerial meetings that have taken place in recent months.
Izhakoff said that among the Council’s highest priorities is development of a uniform international system for sealing, authenticating and tracking rough diamonds as they leave their countries of origin and as they enter processing centers around the world.
www.diamondworld.be /conflict-diamonds-news-1.htm   (0 words)

  
 World Diamond Congress, Diamond Intelligence Briefs, Tony Hall, WFDB, Kimberly Process, World Diamond Council
A "World Diamond Congress" is held every 2 years, at which delegates from affiliated bourses meet to discuss issues facing the industry; diamantaires having a long tradition of cooperating with one another (within the framework of the Bourse), although they daily compete with one another (both on their domestic and on the global markets).
WDC was incorporated as a non-profit entity in the U.S. state of Delaware as World Diamond Council Assn.
WDC representatives, Eli Izhakoff, Sean Cohen, Cecilia L. Gardner and Matthew A. Runci, were present at the UN General Assembly for the debate and passage of Resolution A/55/L.52.
www.diamond-key.com /calendar/jul2000/16jul2000.html   (2952 words)

  
 CNN.com - Diamond sales enjoy record year - January 30, 2001
The international diamond industry came under pressure last year to clean up the fl market trade of so called "blood diamonds" after it was found that rebel groups in Africa were trading gems for guns to fund some of Africa's most vicious civil wars.
Diamonds are now tracked from the mine to the jewellery store, to ensure their trade is legitimate.
African leaders and members of the World Diamond Council are due to meet in Windhoek, Namibia, on February 17 to discuss new steps to fight the spread of conflict diamonds.
archives.cnn.com /2001/WORLD/europe/01/30/belgium.diamonds   (0 words)

  
 The Diamond Trade | Diamond Bourses in Antwerp's Diamond District
The first trading exchange to deal exclusively with rough, uncut diamonds was the Antwerpsche Diamantkring (Antwerp Diamond Ring) [2], which was established in the same year that the 1930 World Expo was held in Antwerp.
Members of the Diamond Bourses operate within a system based on mutual trust and each member pledges to uphold the traditions and principles of consideration, friendship and trust [2].
The Council began in July 2000 after a joint meeting of the WFDB and its international headquarters are in New York City, NY The Council has approximately 70 members representing jewelers, traders and manufacturer/producers.
www.khulsey.com /jewelry/antwerp_diamond_bourses.html   (616 words)

  
 Conflict Diamond
Conflict diamonds are diamonds illegally traded to fund conflict in war-torn areas, particularly in central and western Africa.
The diamond industry also adopted a voluntary System of Warranties to assure consumers that their diamonds are from sources free of conflict.
While diamonds have been used to fund conflict, the problem is not the diamonds themselves but the rebels who exploit diamonds (along with other natural resources) to achieve their illicit goals.
www.generousgems.com /conflict_diamonds.html   (525 words)

  
 WORLD DIAMOND COUNCIL
However, we do not believe that the solution necessarily entails damage or limitation to the 96+% of the world's diamond trade which is legitimate.
As we envisage it, each time rough diamonds leave a producer or rough trading center, those rough diamonds would be sealed in a standardized manner by an authority accredited by the international diamond council.
The establishment of the International Diamond Council is crucial to this process in that the International Diamond Council would be required to balance all imports and exports and accredit importing and exporting authorities in each country.
www.worlddiamondcouncil.org /antwerp.shtml   (0 words)

  
 The Diamond Industry
In order to deal with the issue of conflict diamonds, the World Diamond Congress of 2000 created a World Diamond Council to represent the views of the industry – ranging from diamond mining firms to the retail jewellery end of the diamond pipeline.
World Diamond Council Chairman Eli Izhakoff spoke at the November 2006 Kimberley Process Plenary Meeting about the challenges ahead, and especially of calls for greater government oversight of industry.
The World Diamond Council endorsed the proposal, which must in some ways be a first – an industry agreeing that effective and credible government oversight is essential.
blooddiamond.pacweb.org /diamondindustry   (0 words)

  
 World Diamond Congress News
By forming together in 2000 the World Diamond Council, IDMA and WFDB worked closely with governments and civil society to formulate the Kimberley Process not only to contribute to the end of conflicts by preventing so-called conflict diamonds from entering the legitimate trade, but also to contribute to effective conflict prevention.
Diamonds make an enormous contribution to the economic development and prosperity of the nations that produce, cut, manufacture and design diamonds and diamond jewelry.
Each organization is urged to pro-actively ensure that their members seek from their suppliers specific warranties on any invoice or memo accompanying diamonds or jewelry containing diamonds that the diamonds are traded in a manner consistent with UN resolutions, the Kimberley Process and the system of warranties.
www.gem.org.au /diamcong.htm   (0 words)

  
 Diamond and Jewellery Links and Resources
The resolution called for the newly formed WDC to include representation from the diamond industry itself and also from among countries where diamonds play a major economic role and from the international banking sector.
The ultimate mandate for the World Diamond Council is the development, implementation and oversight of a tracking system for the export and import of rough diamonds to prevent the exploitation of diamonds for illicit purposes such as war and inhumane acts.
The Kimberley Process is a joint government, international diamond industry and civil society initiative to stem the flow of conflict diamonds - rough diamonds that are used by rebel movements to finance wars against legitimate governments.
www.gemex.com.au /forums/index.php/diamond_links   (0 words)

  
 Diamond group campaigns to improve gems' image - Boston.com
The print and online campaign by the World Diamond Council was sparked by jewelers' fears of sales being hit by the upcoming film The Blood Diamond, starring Leonardo Dicaprio, about a South African mercenary jailed for smuggling in Sierra Leone, ravaged during a civil war that killed 50,000 people.
He said the movie was based in the late 1990s when blood diamonds accounted for about four percent of global diamond sales but the situation had changed since a system of certification, the Kimberley Process, was instituted in 2000 and these diamonds now make up less than one percent.
The World Diamond Council has launched a new Web site, www.diamondfacts.org, aimed at educating the public about the gems and how they make it from the depths of a mine onto your hand, ears or encrusted onto your watch face.
www.boston.com /ae/media/articles/2006/09/06/diamond_group_campaigns_to_improve_gems_image?mode=PF   (0 words)

  
 Loose Diamonds Retailer Fancy Color - Aliya Diamonds
New York Diamond Dealers Club - The DDC is the largest, oldest and most respected diamond bourse, known throughout the world for its safe, secure environment for business transaction as well as a neutral location where buyers feel comfortable doing business on their terms.
World Federation of Diamond Bourses - The WFDB was founded in 1947 to unite and to provide bourses trading in rough and polished diamonds and precious stones, with a common set of trading practice.
World Diamond Council - Amid growing concern over human rights violations and atrocities committed against innocent victims in diamond producing countries of war-torn northern Africa, the World Federation of Diamond Bourses and the International Diamond Manufacturers Association passed a resolution in July 2000, creating the World Diamond Council.
www.aliyadiamonds.com /links.htm   (0 words)

  
 World Diamond Council meet at Dubai - Sify.com
The WDC was created three years ago amid growing concern over human rights violations and atrocities committed against innocent victims in diamond producing countries of war-torn northern Africa.
During a meeting between the World Federation of Diamond Bourses and the International Diamond Manufacturers Association in Antwerp in July 2000, a resolution was passed creating the WDC.
Their responsibility is to oversee the export and import of rough diamonds to prevent their exploitation for illicit purposes such as war and inhumane acts.
sify.com /voi/fullstory.php?id=13366215   (0 words)

  
 World Diamond Council :: Survey Shows That U.S. Jewelers Reassuring Consumers About Conflict Diamonds
While more remains to be done, the results of a national survey released today by the WDC provide evidence that its education efforts are playing a part in helping to eradicate conflict diamonds from the legitimate diamond pipeline.
Conducted in the United States in January by GfK, one of the world's largest independent research agencies, the study reports that 88% of the jewelers had asked for or received guarantees from their suppliers that all their diamonds are conflict-free.
Diamonds allow governments to provide free education and health care, and have helped to build much needed infrastructure such as roads, railways, and modern telecommunications.
sev.prnewswire.com /retail/20070205/CLM02105022007-1.html   (0 words)

  
 ABN Amro & GIA support World Diamond Council meetings | DMCC
With over 100 of the world's leading diamond representatives converging in Dubai in late March, two of the leading supporters of the diamond industry worldwide, ABN AMRO Bank and the Gemological Institute of America (GIA), have confirmed their support as sponsors for the 3rd Annual Meetings of the World Diamond Council.
During a meeting between The World Federation of Diamond Bourses and the International Diamond Manufacturers Association in Antwerp in July 2000 a resolution was passed creating the World Diamond Council.
Their responsibility is to oversee the export and import of rough diamonds to prevent the exploitation of diamonds for illicit purposes such as war and inhumane acts.
www.ameinfo.com /36208.html   (0 words)

  
 Diamonds.net News - Gary Ralfe - Address to the World Diamond Council
Their joint resolution laid the foundations for the creation of the World Diamond Council, of which De Beers is proud to be a member.
Conflict diamonds have brought to the attention of everyone in the international diamond industry the need to establish appropriate and effective business practices that reflect the need in the 21st century for us all to become more transparent and accountable to out various stakeholders.
Through the measures being taken to deal with conflict diamonds and with our eyes focused on more competitive and prosperous horizons, we are ensuring that his industry is suitably fit, morally and commercially, to face the challenges and opportunities of the 21st century.
www.diamonds.net /news/NewsItem.aspx?ArticleID=4946   (0 words)

  
 REAL DIAMOND FACTS
These diamonds are being smuggled out through neighboring countries such as Mali as well as other countries that are not Kimberley Process participants, ultimately finding their way to the jewelry worn in developed countries.
Liberian diamonds, although subject to UN sanctions, are being certified by the Kimberley Process and smuggled through neighboring countries to international markets.
While diamonds have been used to fund conflict, the problem is not the diamonds themselves but the rebels, governments, and individuals who exploit diamonds and in turn, other humans, to achieve their illicit goals.
www.diamondsforafricafund.org /realdiamondfacts/conflict.htm   (0 words)

  
 BBC NEWS | Business | Blood diamond talks begin
The World Diamond Council is meeting in London to discuss moves to crack down on the illegal trade in gems mined in war zones - so called blood diamonds.
The WDC's talks will focus on a proposed tracking scheme under which diamonds mined in conflict-free zones would be given a certificate of origin.
World Diamond Council chairman Eli Izhakoff told the BBC's World Business Report that the support of governments is essential to the plan's success.
news.bbc.co.uk /1/hi/business/2367575.stm   (0 words)

  
 World Diamond Council :: Diamond Industry Launches Diamondfacts.org Web Site and Major Consumer and Trade Advertising ...
Diamondfacts.org offers a wealth of information about diamonds: from facts about the history of the trade and the social and economic benefits diamonds provide nations around the world, to reporting on how the industry is grappling with various challenges including conflict diamonds.
Questions were first raised about the impact of diamonds in the late 1990s, when the world became aware that a number of rebel movements in Africa were smuggling and selling illegally obtained stones to fund conflicts against legitimate governments.
A trade pack of materials were launched earlier this year, as part of the industry's educational initiative to raise awareness of the positive impact the diamond industry has on Africa, as well as its progress in virtually eliminating the trade in conflict diamonds.
sev.prnewswire.com /retail/20060905/NYTU10605092006-1.html   (0 words)

  
 HRD: World Diamond Council appoints Ernest Blom as vice chairman
The WDC is the body charged with coordinating the international diamond industry’s fight against conflict diamonds.
Blom was unanimously elected by the general assembly of the WFDB, at the 32nd World Diamond Congress in Tel Aviv.
A diamond cut is required to provide for the maximum reflection and dispersion of visible light from a polished stone, and it turns out that it has applications outside of the gemstone industry, in architecture and construction for example.
www.hrd.be /index.php?id=535   (0 words)

  
 New film starring DiCaprio rattles diamond industry - Boston.com
Industry officials attending the opening of the World Diamond Congress said the situation with conflict diamonds had dramatically improved in recent years and expressed concern that the movie would not reflect this.
He and other diamond industry officials say the situation has changed radically since a system of certification for rough diamonds known as the Kimberley Process was instituted in 2000.
The WDC is currently negotiating with the movie studio to add a scene at the end that would show the implementation of the Kimberley Process.
www.boston.com /ae/movies/articles/2006/06/27/new_film_starring_dicaprio_rattles_diamond_industry?mode=PF   (0 words)

  
 Jewellers of America to Speak at Congressional Hearing - Global Policy Forum - UN Security Council
Following the World Diamond Council's recent adoption of nine-point plan to end the sale of conflict diamonds, Matthew A. Runci of Jewelers of America, chairman of the WDC's U.S. Legislative Committee, will appear before a congressional subcommittee hearing to inform legislators of the plan.
The council was formed in July at the World Diamond Congress as a joint effort between the World Federation of Diamond Bourses and the International Diamond Manufacturers Association to address the burning issue of conflict diamonds It has received financial backing of almost $1 million from rough producers, including De Beers.
Boyajian has just returned from addressing the World Diamond Council meeting in Tel Aviv, where he reaffirmed GIA's position that "It is in the long-term best interest of the trade and the public that the exploitation of diamond resources to fuel civil war and civil conflict in African countries be halted immediately."
www.globalpolicy.org /security/issues/diamond/2000/0915rap.htm   (0 words)

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