Alrosa has joined rival De Beers' Tracr industry blockchain traceability platform, aimed at clearing the supply chain of imposters and conflict diamonds.
KIMBERLEY PROCESS Mining News
The world’s top diamond producer by value has led industry efforts to both verify the authenticity of diamonds and ensure they are not from conflict zones where gems may be used to finance violence.
After vowing for over a century it would never sell stones made in laboratories, De Beers will start doing so in September.
Signet Jewelers is the first diamond ornaments maker to join De Beers-led blockchain pilot program, Tracr.
The world’s largest rough diamond producer by value will launch the tracking platform later this year, making it available to the whole industry.
The world’s top diamond miner will train artisanal and small-scale miners and provide them with tablets as well as a diamond “toolkit” to digitally track their stones throughout the supply chain.
Firm is developing open platform that traces diamonds from mine to buyer.
Diamond giant is investing in an open platform that will allow tracing a rock throughout the entire value chain — from mine to buyer.
Only last year CAR was allowed to resume diamond exports after a three-year ban that tried preventing armed groups from financing a bloody inter-religious conflict.
Cameroon is allowing conflict diamonds from the Central African Republic to cross over its borders and into the legal supply chain due to poor controls, smuggling and corruption, a new report shows.
Decision comes three years after the country’s gems were found to be funding armed groups in an inter-religious conflict and placed under embargo.
And what can be really done to choose certified conflict-free diamonds.
Kimberley Process is a means to sustainable development, says WDC President to KP Intercessional in Washington DC
President of the World Diamond Council, Eli Izhakoff, opened the Intercessional Meeting of the Kimberley Process on Monday with a speech calling industry members to consider the Kimberly Process as a means to sustainable development.
Kimberley Process leader Gillian Milovanovic has proposed a new definition of conflict diamonds to include acts of violence during his presentation at the opening of the 8th World Diamond Council (WDC) meeting in Vicenza, Italy.
Diamonds are one of the crystalline forms of carbon, the hardest substance known. The name "diamond" comes from the Greek "adamas," meaning "invincible." Diamonds were formed billions of years ago, deep within the earth. They […]