Is it illegal to own blood diamonds?
Diamonds that are not conflict-free are known as blood diamonds, which means they are illegally sold in order to finance devastating wars and terrorism.
Are Blood Diamonds illegal in the United States?
Last fall, the United States government recognized issues with conflict diamonds and minerals and banned the importing of diamonds from Marange, Zimbabwe because they were “produced, in whole or in part, using forced labor.”
What countries are affected by blood diamonds?
Diamonds have funded brutal wars in countries such as Angola, Central African Republic, the Democratic Republic of Congo, Liberia, and Sierra Leone, resulting in the death and displacement of millions of people. There is a reason they are dubbed ‘Blood Diamonds’.
What is the world doing to stop blood diamonds?
Kimberly Process Certification Scheme (KPCS) Buying a KPCS certified stone can go a long way in avoiding blood diamonds. The members of the KPCS are countries involved in the mining and sale of diamonds, human rights organizations, and others associated with the gem industry.
Why is blood diamonds a problem?
The huge consequences of blood diamonds still remains a mainstream issue in Sierra Leone. One of the biggest issues is people still being abused by the security forces, including rape and the use of excessive force on detainees, including teenagers.
Why the diamond industry is bad?
The diamond mining industry is destroying our environment. A lot of diamond mining is unregulated and therefore there is no control over its impact on the environment. If that wasn’t bad enough, they are also releasing extensive amounts of carbon emissions into the air from diamond exploration and mining.
Are Blood Diamonds still an issue 2018?
According to a U.N. panel of experts conflict diamonds are still being smuggled out of the CAR, with an estimated value of $24 million, that’s approximately 140,000 carats of conflict diamonds flooding the market despite the ban.
Are lab grown diamonds worth less?
No matter the synthetic diamond price, lab-grown diamonds have no resale value. Take a look at this 1.21ct diamond. There’s no doubt that it’s a nice-looking diamond. But on the other hand, a lab-created diamond will start off being at least 50% cheaper than a comparable natural diamond.
Does Tiffany sell blood diamonds?
Yes, we have taken rigorous steps to assure that conflict diamonds do not enter our inventory. As global leaders in sustainable luxury, Tiffany & Co. is committed to sourcing natural and precious materials in an ethical and sustainable manner.
Why are Tiffany diamonds more expensive?
Tiffany & Co diamond rings are more expensive because they only sell exceptional quality jewelry. The money spent on one of their rings is a more worthy investment compared to a cheaper diamond ring containing low-quality stones. Tiffany is notorious for their reputation and status.