Central African Republic Plagued by Blood Diamonds

Mining Weekly reported that blood diamond activity is rife in the Central African Republic.

As quoted in the market news:

Diamonds worth $24-million have been smuggled out of CAR since the suspension of the Kimberley Process last year and Seleka rebels and ‘anti-balaka’ militia are providing security to local diamond traders, who initially pay the warring groups for safe access to diamond fields and then for ongoing protection during mining.

‘It’s a classical case of blood diamonds,’ International Crisis Group project director Thierry Vircoulon told Mining Weekly Online in [a video interview.]

Click here to read the full Mining Weekly report.