Diamond-producing countries on the African continent received about $8.1 billion, or 9.5 percent of the $85.9 billion worth of revenues generated by diamond jewelry in 2018, and some still may consider that an insufficient share, said World Diamond Council (WDC) President Stephane Fischler, speaking at the Russia-Africa Summit in Sochi, Russia, on October 23, 2019.
The SOW will be a strong focus of our activity over the coming year, as we roll out a dedicated toolkit to assist in their implementation.
It is in India that the outcome of the three-year review and reform of the Kimberley Process Certification Scheme (KPCS) will be decided, and, more specifically, a decision will be taken whether to strengthen the scope of the certification scheme itself.
All industry players must still remain on the alert and conduct their own due diligence to ensure that any CAR-sourced rough diamonds they purchase are KP-compliant.
Over a 20-year span there are unlikely any diamond industry officials other than Mark Van Bockstael who racked up more travel time and hotel nights in some of Africa’s most volatile locations.
The mission of the Kharyskhal Rehabilitation Center is to restore a semblance of normalcy for young people whose lives have been shattered by domestic abuse, alcoholic parents and deprivation, a problem common to any urban area in the world.
Members of the World Diamond Council (WDC) assembled in Antwerp, Belgium, on October 2 and 3, 2019, for the organization’s Annual General Meeting (AGM). The proceedings were dominated by discussions about the pending conclusion of the Kimberley Process’ review and reform process, and the related call by WDC and others that it includes a strengthening of the scope of the Kimberley Process Certification Scheme (KPCS).
In light of recent media reports about the trade in rough diamonds associated with the ongoing civil conflict in the Central African Republic (CAR), the World Diamond Council (WDC) has reiterated its call to members of the industry to practice the utmost caution when considering the purchase of goods that are known to have originated or are suspected to have originated in the CAR.
Contact Info
Stay Updated
Get latest news and
updates direct in your
inbox !
