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    Blood diamonds’ watchdog hits stalemate on Zimbabwe export

    Investing News Network
    Nov. 08, 2010 11:50AM PST
    Gem Investing

    The Jerusalem post.com reports that last week’s meeting of the Kimberly Process in Jerusalem failed to produce the necessary regulatory changes for the export ban to be lifted from Zimbabwe’s diamond exports.

    The Jerusalem post.com reports that last week’s meeting of the Kimberly Process in Jerusalem failed to produce the necessary regulatory changes for the export ban to be lifted from Zimbabwe’s diamond exports.

    The story is quoted as saying:

    Boaz Hirsch, the chairman of the KP, said on Sunday that, “Despite rigorous negotiations, regrettably the KP members were not able to bridge the gaps among them and were unsuccessful in their efforts to reach an agreement regarding the contentious issue of the Marange diamonds.”

    To access the full story, click here.

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