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Ivory Coast Still a Source of Conflict Diamonds

Investing News Network
Jan. 25, 2011 12:06PM PST
Gem Investing

Israeli Diamond Portal.com reports that, despite the Kimberly Process’s attempts to ban them, there are still conflict diamonds being traded in the Ivory Coast.

Israeli Diamond Portal.com reports that, despite the Kimberly Process’s attempts to ban them, there are still conflict diamonds being traded in the Ivory Coast.

The story is quoted as saying:

The Ivory Coast is the only country in the world whose diamonds still meet the strictest definition of “conflict stones” – illegally traded diamonds that generate revenue which goes to fund rebel forces – although the KP has recently made attempts to expand the term to include diamonds sourced in conditions that violate human rights.

To access the full story, click here.

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